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ADB approves 655,000 USD to help Philippine rural banks digitization

MANILA, Feb. 19 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it will provide grants totaling 655,000 U.S. dollars for the digitization of nine rural banks and a bank consortium in the Philippines. The grants are part of ADB's Fintech for Inclusion Transformation (FIT) program. The grant awardees were chosen from among rural banks nationwide serving women, farmers, fisherfolk, and micro, sma.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2024

Producers Savings Bank acquires Leyte rural bank

Producers Savings Bank Corp. has completed its merger with one more rural bank, bolstering the bank’s assets and profit growth via its branch network expansion......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc

Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»

Category: newsSource:  philippinetimesRelated NewsJan 21st, 2024

J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc

Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»

Category: newsSource:  manilanewsRelated NewsJan 20th, 2024

Euromoney recognizes Metrobank as Best Bank for Ultra High-Net-Worth Filipinos

Metropolitan Bank & Trust Co. (Metrobank) remains the preferred bank for affluent Filipinos as it receives the Best Bank for Ultra High-Net-Worth (UHNW) award at the Euromoney Global Private Banking Awards 2024......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

PLDT arm strengthens tieup with Tarlac rural bank

The business arm of PLDT Inc. has strengthened its partnership to further boost the digitalization journey of Signabank Rural Bank of Sta. Ignacia based in Tarlac......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

PLDT arm strengthens partnership with tarlac rural bank

The business arm of PLDT Inc. has strengthened its partnership to further boost the digitalization journey of Signabank Rural Bank of Sta. Ignacia based in Tarlac......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Philippines foreign investments yield net outflows in December

MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

Philippines foreign investments yield net outflows in December

MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

CitySavings Named One of the 2024 Philippines’ Growth Champions

City Savings Bank (CitySavings) continues to cement its position to become the leading mass market bank in the country with its inclusion as one of the 2024 Philippines’ Growth Champions.  The Philippine Daily Inquirer released the report with international market research firm Statista. This year’s Philippines’ Growth Champions are companies with remarkable growth and resilience […].....»»

Category: newsSource:  metrocebuRelated NewsMar 8th, 2024

Minor apprehended for stealing coins from water dispensing machine

CEBU CITY, Philippines — Authorities here apprehended a minor for reportedly stealing coins from a water dispensing machine on Tuesday, March 12. The crime took place inside a carwash in B. Aranas Extension, Brgy. Duljo Fatima, Cebu City around 1:30 a.m. on Tuesday, police in Mambaling Police Station reported. READ: 16-year-old ‘robbed’ schools in Olango.....»»

Category: newsSource:  inquirerRelated NewsMar 12th, 2024

Man jailed for stealing items from school

CEBU CITY, Philippines — A 26-year-old man landed in jail after being caught stealing from an elementary school in Barangay Langtad, Naga City, Cebu, early Wednesday morning, March 20, 2024. The suspect was identified as Angelito Cudias Apeliano, 26, an unemployed resident of Barangay Pasil, Santander, Cebu. In a phone interview with CDN Digital, Police.....»»

Category: newsSource:  inquirerRelated NewsMar 21st, 2024

Rural Missionaries of Philippines: Can we get back to our ministries?

For more than two years, the Rural Missionaries of the Philippines is unable to access their funds in the bank and use them for their mission activities......»»

Category: newsSource:  samarnewsRelated NewsFeb 18th, 2024

Duterte has stopped taking fentanyl before becoming President — Panelo

MANILA, Philippines —  Former President Rodrigo Duterte stopped taking Fentanyl even before his election as the chief executive of the country in 2016, according to his then chief legal counsel, Salvador Panelo. President Ferdinand R. Marcos Jr. on Monday alleged that the former president is taking fentanyl. In a text message to INQUIRER.net, Panelo reiterated.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

Naga City employee nabbed for ‘stealing’ P12M in gov’t collections

CEBU CITY, Philippines — A 44-year-old liquidating officer of Naga City, Cebu was arrested by the police on Monday, February 19, for allegedly stealing City Hall collections that accumulated to a total of P12 million. The arrested employee was identified as Jesette Kristy Villarta Rivera, a resident of Barangay North Poblacion. City Treasurer Anna Maria.....»»

Category: newsSource:  inquirerRelated NewsFeb 20th, 2024

3 LTO employees arrested for stealing license plates

3 LTO employees arrested for stealing license plates.....»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

Ex-Google engineer charged with stealing AI trade secrets

Ex-Google engineer charged with stealing AI trade secrets.....»»

Category: newsSource:  sunstarRelated NewsMar 7th, 2024

Heinous crimes-convicted individuals still entitled to GCTA — SC

The SC said that the Department of Justice overstepped its authority in subordinate legislation by excluding individuals convicted of heinous crimes from the advantages of Republic Act No. 10592, also known as the new GCTA law......»»

Category: newsSource:  philstarRelated NewsApr 4th, 2024

Boulevard Holdings Q2 net income down 86% y/y, down 336% q/q

Boulevard Holdings reported a Q2/23 net loss of P33 million, down 86% from its Q2/22 net loss of P18 million, and down 336% from its Q1/23 net income of P14 million......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Ex-Austrian leader convicted of ‘lying’

Ex-Austrian leader convicted of ‘lying’.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024