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Asialink eyes P2.4 billion in truck loans as e-commerce grows

Asialink Finance Corp. is looking at lending as much as P2.4 billion this year to the fast growing market for brand new and used trucks that are essential to the growth of e-commerce and logistics......»»

Category: financeSource: philstar philstarMar 23rd, 2024

Asialink loan releases jump 38% to P12.6 billion

Loans extended by Asialink Finance Corp. jumped by 38.1 percent to P12.6 billion last year from P9.12 billion in 2022, further boosting its lending portfolio......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Creador invests P4 billion into Asialink

Creador, a prominent Southeast Asian private equity firm, has invested P4 billion in Asialink Finance Corp., a leading lender to small and medium enterprises......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Bank loans used as RRR compliance hit P6.4 billion

Mid-sized and small banks have extended around P6.4 billion loans to micro, small and medium enterprises (MSMEs) as well as large companies, and booked these loans in compliance with their reserve requirement ratios, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Urgent: Truck plunges into cliff in central Philippines, killing 14

MANILA, Feb. 21 (Xinhua) -- At least 14 people were killed and three others critically injured after a truck fell into a cliff in Negros Oriental province in central Philippines on Wednesday. Police said the truck was traveling along a highway when the driver lost control of the vehicle in Mabinay town, causing it to overturn and roll into a ravine at around 1:30 p.m. local time. The upside-down truck pin.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 22nd, 2024

Urgent: Truck plunges into cliff in central Philippines, killing 14

MANILA, Feb. 21 (Xinhua) -- At least 14 people were killed and three others critically injured after a truck fell into a cliff in Negros Oriental province in central Philippines on Wednesday. Police said the truck was traveling along a highway when the driver lost control of the vehicle in Mabinay town, causing it to overturn and roll into a ravine at around 1:30 p.m. local time. The upside-down truck pin.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2024

Alcantara road accident injures dump truck driver, helper

CEBU CITY, Philippines — Two were injured in a vehicular accident involving a dump truck and a 10-wheeler truck that happened in Sitio Cabaray, Barangay Lawaan in Alcantara town at around 10 a.m. on Tuesday, February 13. The accident victims were identified as Milky Miot, the dump truck driver and a resident of Samboan town,.....»»

Category: newsSource:  inquirerRelated NewsFeb 13th, 2024

Helper dead as truck turned turtle in Davao City mishap

DAVAO CITY (MindaNews / 15 January) – A truck helper died on the spot as a wing van truck smashed into two barangay vehicles parked in front of the barangay hall of Marilog Proper here before dawn Monday. In its initial investigation, the Marilog police station said the truck was transporting animal feeds when it […].....»»

Category: newsSource:  mindanewsRelated NewsJan 15th, 2024

UnionDigital Bank revenue grows to over P5 billion

UnionDigital Bank, the digital banking arm of Aboitiz-led Union Bank of the Philippines, saw its revenue grow to over P5 billion in 2023 mainly driven by higher deposits and loans......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Medical School Loans: A Comprehensive Guide

Embarking on a journey through medical school is a significant undertaking, and for many aspiring physicians, navigating the financial aspects can be a daunting task. Securing appropriate funding through medical school loans is a crucial step in this process. This comprehensive guide aims to provide valuable insights into how to find the best medical school […] The post Medical School Loans: A Comprehensive Guide appeared first on Kagay An......»»

Category: newsSource:  kagay_anRelated NewsMar 20th, 2024

1 dead, 2 hurt in truck smashup

A trailer truck driver was killed while two others were injured in a collision with a dump truck along Mel Lopez Boulevard in Tondo, Manila on Friday morning......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

Death toll in truck crash in central Philippines rises to 15

MANILA, Feb. 22 (Xinhua) -- The death toll from the truck crash in the central Philippines on Wednesday rose to 15 as one of the critically injured died in a hospital, police said Thursday. Police said two other injured people are recuperating at a local hospital. The truck was traveling along a highway in Mabinay town in Negros Oriental province on Wednesday afternoon, when the driver lost control of the.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 22nd, 2024

Death toll in truck crash in central Philippines rises to 15

MANILA, Feb. 22 (Xinhua) -- The death toll from the truck crash in the central Philippines on Wednesday rose to 15 as one of the critically injured died in a hospital, police said Thursday. Police said two other injured people are recuperating at a local hospital. The truck was traveling along a highway in Mabinay town in Negros Oriental province on Wednesday afternoon, when the driver lost control of the.....»»

Category: newsSource:  manilanewsRelated NewsFeb 22nd, 2024

GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursed

Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s number one finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursed

Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s number one finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

Pag-IBIG releases record P126 billion in home loans

The Home Development Mutual Fund, commonly known as Pag-IBIG, has released a record P126 billion in housing loans last year for nearly 97,000 members......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

Apex Mining profit grows 2% to P3.4 billion

Razon-led Apex Mining Co. Inc. grew its net income by two percent to P3.41 billion in 2023 from P3.34 billion in 2022 on the back of higher revenue brought about by better metal prices......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Catholic Church grows to 1.39 billion members; number of priests shrink

The worldwide Catholic Church membership has grown to 1.390 billion in 2022 with Africa contributing to the growth......»»

Category: newsSource:  philstarRelated NewsApr 20th, 2024

Monetary Board approves $2.87B in foreign loans for public sector in Q1 2024

Monetary Board approves $2.87B in foreign loans for public sector in Q1 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 15th, 2024

P200 million loans released for President Marcos housing program – DHSUD

The Home Development Mutual Fund or Pag-IBIG Fund has released P200 million worth of developmental loans earmarked for housing projects under the Marcos administration’s flagship Pambansang Pabahay Para sa Pilipino (4PH) Program......»»

Category: newsSource:  philstarRelated NewsApr 15th, 2024

Banks’ bad loans rise in February

The soured loans of Philippine banks picked up for the 14th straight month in February, bringing the gross non-performing loan ratio to a steady 3.44 percent, amid high interest rates......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024