The Money Market Association of the Philippines held its First General Assembly on April 2 at the Grand Ballroom of Intercontinental Manila. Gracing the event was Deputy Governor Nestor Espenilla. He opened his speech with a favorable statement that thePhilippines currently in a strong position to overcome the crisis. Bank lending is growing, NPL ratio has been declining and favorable [...]
A Financial Scam is a fraudulent investment operation that pays returns to investors from their own money or money paid by subsequent investors rather than from any actual profit earned. The two most often used schemes are “Ponzi” and Pyramid. The words “Ponzi” and “Pyramid” are often used interchangeably but the basic difference is that a Ponzi scheme has [...]
MART recently announced the committee chairpersons for 2009. They are: Operations - Kit Agena (MBTC) Professional Markets - Joan Policarpio (DB) Public Distribution - Roland Avante (Chinatrust) External Affairs - Jojo Dispo (FMIC) Membership - Joric Nazario (PVB) / Alex Macapagal (LBP) Education - Ricky Cebrero (EWBC) / Paul Evora (BDO) Website - Lester Castolo [...]
The Annual Election of the Board of Directors of the Money Market Association of the Philippines (MART) for the year 2009 was held last November 15, 2008 at the Willy’s Resort in the Island of Boracay, Malay, Aklan The following institutions were elected to constitute the Board of Directors for the year 2009: Bank of the Philippine Citi, N.A. [...]
As a fellow investor, I would not be surprised that the news on the current global crisis made you feel scared and confused as to what will happen and where to place your hard-earned money these days. Well, government securities such as Treasury bills (T-bills), Fixed Rate Treasury Notes (FXTNs) and Retail Treasury Bonds (RTBs) [...]
MART at 37: Bridging Stakeholders Toward an Efficient Capital Market There is a financial event happening all across the globe, affecting every major market with repercussions for the long term. It’s an event that echoes an unfortunate one some decades ago. It’s quite fortunate that many are confident, unlike then, that we now have the systems [...]
Money Market Consciousness Week Programme of Activities 10-16 November 2008 November 6, Thursday MART Outreach Program - Boy’s Town November 10, Monday Radio Station Interview “Saksi sa Double B” (8:30AM) - Joselito Ricardo G. Nazario, Treasurer, PVB (MART Past Pres.) - Lester Joseph T. Castolo, SVP, MIB (MART Treasurer) Shoptalk TV Guesting (ANC Channel [...]
Last October 3, 2008, the Money Market Association of thePhilippines, together with other financial organizations – ACI Philippines, Trust Officers Association of the Philippines and the Investment Houses Association of the Philippines, held a joint general assembly at the ballroom of the Hotel Intercontinental Manila. The meeting was a timely and a much anticipated one by the market [...]
Starting August 26 examinees from all over the country will be taking the Certification and Examination Program for Salesmen in the fixed income market. The examination period will run from August 26 till September 19, 2008 reserved for enrollees submitted and guaranteed by financial institutions. As resolved by the SEC, the provisional license awarded to FI [...]
Last July 31, 2008, the Money Market Association of the Philippinesheld its 2nd General Assembly at the ballroom of the Hotel Intercontinental. As with every MART GA, MART invited a guest speaker, which in this particular occasion was the newly-appointed treasurer of the republic, Sec. Roberto B. Tan. MART and its members looked forward to Sec. Tan’s [...]
There is nothing unusual about a bunch of traders tossing back drinks at a bar after a hard day of buying and selling. Last May 15, 2008, MART held its 1st Trader’s Night for the year in Spicy Fingers Bar and Restaurant. It was a night filled with music, food, drinks and of course, how can [...]
The Money Market Association held its first general assembly for 2008 last April 23 at the ballroom of Dusit Hotel. The event was highlighted by Senator Edgardo Angara’s keynote address, in which he discussed legislation he has sponsored for the development of the Philippine banking industry. Being the head of the senate committee on Banks, [...]
The Money Market Association of the Philippines (MART) takes exception to the article entitled "MART in Hot Water over SRO Probe Bid," which appeared last February 23, 2008. We categorically deny that MART was involved in any, either as the author of the letter to Secretary Margarito B. Teves; or the architect behind the moves in [...]
The Annual Election of the Board of Directors of the Money Market Association of the Philippines (MART) for the year 2008 was held last November 10, 2007 at the Willy's Beach Resort, Island of Boracay. The following institutions were elected to constitue the Board of Directors for 2008: Instiution No. of Votes Bank of the Philippine [...]
At the heart of every prestigious organization, there lives a strong sense of leadership. A kind of leadership that will drive its employees to empower themselves and work hard to attain organic growth. This is what we call transformational – an environment where leaders are developed, and where teamwork is truly practiced! The Treasury Team of [...]