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Treasury raises P60 billion from T-bonds in February

The government raised P60 billion in long-term securities this month, short of target, as the Bureau of the Treasury focused on the retail treasury bonds......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

BDO to raise P5 billion via sustainability bonds

BDO Unibank Inc. is raising at least P5 billion as it returned to the domestic debt market via the issuance of peso-denominated fixed-rate sustainability bonds......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

RLC Residences backing young triathletes

The IRONKIDS, the junior counterpart of the IRONMAN series, gets a significant boost with the backing of RLC Residences with the partnership aiming to promote an active lifestyle among young athletes......»»

Category: sportsSource:  philstarRelated NewsFeb 15th, 2024

Maynilad to sell P15-B of Blue Bonds to fund capex projects ahead of IPO

Maynilad Water Services, a subsidiary of Metro Pacific Investments and an affiliate of DMCI Holdings, disclosed its application to the SEC to sell up to P15 billion worth of fixed-rate “Blue Bonds” in the last week of May, for listing on PDEx in the first week of June......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

CCAP: Current credit card rate cap sufficient

The Credit Card Association of the Philippines said it fully supports the assessment process of the Bangko Sentral ng Pilipinas in adjusting or keeping the cap on credit card charges, adding that the current ceiling is sufficient......»»

Category: financeSource:  philstarRelated NewsMar 19th, 2024

Should You Bite on Digital Credit Line Offerings?

Digital credit lines have become a prevalent offering for digital platforms like digital banks and online shopping apps. These readily available lines of credit, often so accessible, can be tempting, especially for unexpected expenses. But before you hit “apply,” it’s crucial to weigh the pros and cons to determine if a digital credit line aligns […].....»»

Category: newsSource:  metrocebuRelated NewsApr 22nd, 2024

Moira Dela Torre highlights value of giving credit following viral copyright issue

Moira Dela Torre weighed in on the viral copyright issue and said that it is important to give credit where credit is due. .....»»

Category: entertainmentSource:  philstarRelated NewsMar 27th, 2024

BPI lends fresh P7 billion to Home Credit Philippines

Bank of the Philippine Islands has extended an additional P7 billion loan to Home Credit Philippines, making it the financing firm’s biggest lender......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

Government borrows P30 billion from T-bonds

The government secured P30 billion from the local debt market via the fresh issuance of long-term securities, with the coupon rate set slightly higher than secondary markets......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

UBS sees 2-digit credit growth for Philippines banks

Banks operating in the Philippines are expected to post a double-digit credit growth this year on the back of robust economic expansion, according to banking giant UBS......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Lending startup unveils credit card for Gen Zs

Technology startup firm Zed Philippines Inc. has launched a Mastercard Titanium credit card with zero interest, zero foreign transaction fees and no annual charges, aiming to roll out these cards to the market within the coming months......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Indian banking sector continues to improve with better asset quality, high credit growth: Survey

New Delhi [India], March 21 (ANI): The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed. The eighteenth round of the survey was carried out for the period July to December 2023. Those banks that were surveyed together represent about 77 per cent of the banking i.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

SMC eyes P20 billion fixed bond offer

Diversified conglomerate San Miguel Corp. targets to offer in June fixed-rate bonds in a bid to raise P20 billion......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

Government fully awards P30 billion T-bonds at higher rates

The government secured P30 billion in long-term securities yesterday but at slightly higher rates after inflation picked up and ended four months of easing......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Government eyes P30 billion from 30th RTB issue

The government is borrowing at least P30 billion from small creditors as the Marcos administration sets its third offering of retail Treasury bonds (RTBs) to expand state coffers and finance various projects......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

Treasury raises P120 billion from T-bonds

The government raised the entire program of P120 billion in long-term securities this month amid the downtrend in investor asking rates......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Struggling with credit card debt: Renters and low-income individuals fall behind – The Daily Guardian

Title: Financial Challenges Persist for Certain U.S. Population Despite Strong Economy Subtitle: Rising inflation, credit card debt, and student loan burdens threaten the financial well-being.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

EastWest ramping up credit business

Gotianun-led East West Banking Corp. is strengthening its credit business for possible upticks in loan demand later this year, its top officia.....»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

Asialink secures P300 million credit line from Taiwanese bank

Asialink Finance Corp. has secured a P300-million credit line facility from Taiwan’s Cathay United Bank, shoring up resources that small borrowers can tap into for their expansion plans......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

Why the dollar is still strong

Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024