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Banks expect higher consumer, corporate loan demand in Q1

Despite the higher for longer interest rate scenario, Philippine banks still expect a stronger loan demand from companies and households in the first quarter of the year, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

2 nabbed for possession of shabu, explosives, guns in Zamboanga City

The police arrested two men after authorities discovered explosives, firearms and shabu from their hideout in Barangay Quiniput, Zamboanga City on Wednesday afternoon......»»

Category: newsSource:  philstarRelated NewsMar 28th, 2024

4 Zamboanga City cops axed for robbery

Four policemen tagged in a robbery incident in Zamboanga City in November have been dismissed from the service, the Philippine National Police said on Saturday......»»

Category: newsSource:  philstarRelated NewsJan 21st, 2024

Zamboanga gets crack at ONE atomweight belt vs Stamp

Filipino mixed martial artist Denice Zamboanga will be having a shot at a title, as she faces Stamp Fairtex for the ONE Women’s Atomweight MMA World Championship in March......»»

Category: sportsSource:  philstarRelated NewsJan 17th, 2024

Zamboanga del Sur village chief slain

Suspected guns-for-hire killed a barangay captain in Dinas, Zamboanga del Sur on Friday......»»

Category: newsSource:  philstarRelated NewsJan 13th, 2024

GSIS waives P1.6 billion penalties for housing loan borrowers

State-run pension fund Government Service Insurance System has waived P1.6 billion in penalties of housing borrowers having difficulties settling their loan obligations......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

SteelAsia secures P8.3 billion loan for Batangas steel mill

SteelAsia Manufacturing Corp. has obtained a loan amounting to P8.3 billion from the Government Service Insurance System (GSIS), the Development Bank of the Philippines (DBP) and Philippine Business Bank (PBB) to support the completion of its P18-billion steel section mill in Lemery, Batangas......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2024

Banks see higher loan demand in Q2

Philippine banks are projecting a higher loan demand from both corporate and household borrowers in the second quarter amid a rosier economic outlook and more attractive financing terms from lenders......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Maya Bank lends P2.75 billion to fintech firm Tala

Philippine digital lender Maya Bank has signed a loan channeling partnership with global financial technology firm Tala, providing P2.75 billion of loan capital to the fintech company......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

ADB, Buskowitz Solar ink $12 million loan for rooftop panels

The Asian Development Bank has signed a $12 million (P675 million) loan agreement with Buskowitz Solar Inc. for the installation of solar panel systems in commercial and industrial buildings’ rooftops in the Philippines......»»

Category: financeSource:  philstarRelated NewsApr 25th, 2024

BPI bullish this year amid continued loan growth

After posting record earnings in the first quarter, Bank of the Philippine Islands is optimistic about its growth prospects for this year as it sees its loan book growing by 11 to 12 percent, mainly driven by higher loans from consumers......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

Suntrust secures $38 million loan for Parañaque casino project

Suntrust Resort Holdings Inc. has secured a $38-million loan to fund the development of its casino project in Parañaque City......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

Another green loan on the table for PLDT

Telco giant PLDT Inc. is planning to acquire another sustainable loan within the year, this time to help finance some of its initiatives in bridging the digital divide......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

ACEN receives $150 million green term loan from SMBC

A subsidiary of ACEN Corp. has inked a $150 million green term loan facility with Sumitomo Mitsui Banking Corp. to bankroll investments in renewable energy projects across the region......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

Tech company cautions public against fake loan providers

Total Information Management Corp., a Filipino-owned technology solutions provider that offers information management services, has cautioned the public against the unauthorized and fraudulent activities using the names Tim Cash or Tim Cash Loan......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

DSWD warns 4Ps benes anew vs loan sharks, cash card pawning

The Department of Social Welfare and Development (DSWD), through the Pantawid Pamilyang Pilipino Program‘s (4Ps) National Program Management Office (NPMO), reminded all 4Ps beneficiaries to stop engaging with loan sharks or pawning their cash cards. “Nag-iispot check kami during the family development sessions na dapat dala nila [4Ps beneficiaries] ang ATM, dahil bawal yun. They […].....»»

Category: newsSource:  journalRelated NewsFeb 4th, 2024

Zamboanga trips Valenzuela in overtime of MPBL opener

Zamboanga Masters Sardines endured overtime before subduing Valenzuela Classics, 82-76, on Saturday right in the opening game of the MPBL (Maharlika Pilipinas Basketball League) Sixth Season at the Calasiao Sports Complex in Pangasinan......»»

Category: sportsSource:  philstarRelated NewsApr 7th, 2024

Cavite, Zamboanga del Norte bettors split P89.5 million lotto jackpot

Two bettors in Cavite and Zamboanga del Norte will share the jackpot in the 6/49 Super Lotto drawn on Thursday, the Philippine Charity Sweepstakes Office announced yesterday......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

Seaoil opens P822 million depot in Zamboanga

Seaoil, the country’s leading independent fuel provider, has opened its P822-million bulk terminal in Zamboanga del Sur, its biggest in the region and its 13th depot nationwide.....»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Tupad to benefit 3K farmers, fisherfolks in Zamboanga City

Tupad to benefit 3K farmers, fisherfolks in Zamboanga City.....»»

Category: newsSource:  sunstarRelated NewsMar 29th, 2024