We’ve been getting questions from our readers regarding how to open a bank account in the Philippines. Some questions they’ve frequently asked us include: What are the requirements to open a bank account? What IDs are accepted by banks? Can a foreigner open a bank
What are Exchange Traded Funds? Simply speaking, Exchange Traded Funds or ETFs are an open-end investment fund which tracks a basket of assets and traded on a stock exchange. What does it mean by “open-end” investment company? As an “open-end” investment company, an ETF can
In the past, we’ve discussed a variety of investment options for the average retail investor, including Stocks, Bonds, Mutual Funds, UITFs, and Preferred Shares, among others. We now add another asset class to our investment portfolio. Here are details about Long Term Negotiable Certificate of
Filipinos working abroad, also known as Overseas Filipino Workers (OFW), do not lose their basic rights as citizens of the Philippines despite working and being physically present in another country.
The year 2012 was, no doubt, a good year for investments. Philippine stocks, mutual funds, and — as we can see in the fund performance table below — unit investment trust funds as well registered new highs compared to the preceding year. Last year’s outstanding
Update: Largest Banks in the Philippines (2009) Banco de Oro (BDO) is now the largest bank in the Philippines, in terms of both assets and total deposits. This is according to a report of comparative sizes of Philippine banks which I got from my bank.
Here’s a list of the top performing Unit Investment Trust Funds (UITF) in the Philippines, as of February 7, 2008. UITF is an investment product very similar to Mutual Funds. It is a “trust” product, meaning, the entity offering the UITF (the trustee) administers the