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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:  manilanewsRelated NewsFeb 21st, 2024

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

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

SM supports agriculture sector through farm-to-store program

The SM Group is ramping up its support for the country’s agriculture sector through a wider farm-to-store program being undertaken by food retail affiliate and community shopping mall chain WalterMart......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023

The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

San Carlos hog raisers urged to upgrade farm biosecurity

San Carlos hog raisers urged to upgrade farm biosecurity.....»»

Category: newsSource:  sunstarRelated NewsApr 2nd, 2024

Philippines mining sector eyes growth with govt s plans

The move, according to Environment chief Ma. Antonia Yulo-Loyzaga, is part of a larger initiative to boost the industry in the face of the global shift towards green energy......»»

Category: financeSource:  philstarRelated NewsMar 2nd, 2024

EDC’s P10 billion Asean green bonds get SEC greenlight

Energy Development Corp. has obtained the green light from the Securities and Exchange Commission to raise as much as P10 billion via the issuance of ASEAN green bonds......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

D& L bonds maintain top credit rating

D&L Industries Inc., the country’s leading specialty food ingredients and oleochemicals producer, has maintained the highest credit rating for its outstanding bonds......»»

Category: financeSource:  philstarRelated NewsMay 1st, 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

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

Filinvest cleared to sell P10 billion fixed bonds

Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»

Category: financeSource:  philstarRelated NewsJan 24th, 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

Every Sweat Counts patok sa Cool Summer Farm race

MARKADO ang kabayong si Every Sweat Counts sa 2024 Philracom Cool Summer Farm Stakes Race. The post Every Sweat Counts patok sa Cool Summer Farm race first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 6th, 2024

Every Sweat Counts patok sa Cool Summer Farm race

MARKADO ang kabayong si Every Sweat Counts sa 2024 Philracom Cool Summer Farm Stakes Race. The post Every Sweat Counts patok sa Cool Summer Farm race first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 6th, 2024

Every Sweat Counts patok sa Cool Summer Farm race

MARKADO ang kabayong si Every Sweat Counts sa 2024 Philracom Cool Summer Farm Stakes Race. The post Every Sweat Counts patok sa Cool Summer Farm race first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 6th, 2024

Every Sweat Counts patok sa Cool Summer Farm race

MARKADO ang kabayong si Every Sweat Counts sa 2024 Philracom Cool Summer Farm Stakes Race. The post Every Sweat Counts patok sa Cool Summer Farm race first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 6th, 2024

Calbayog farmer group receives greenhouse, farm tools from DAR

Aside from the greenhouse, DAR also provided Panoypoy Farmers Association various farm tools and farm inputs amounted to P402,500.00......»»

Category: lifestyleSource:  abscbnRelated NewsMar 26th, 2024

More groups to establish Islamic banks in Philippines

More groups are looking at establishing Islamic banks in the Philippines as the first branch of the new banking classification is expected to open soon, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Waikato MoU reinforces Govt s commitment to increase NZ doctors

The Government has taken an important step forward in addressing a critical shortage of New Zealand-trained doctors, with today's signing of a Memorandum of Understanding for a third medical school, Minister of Health Dr Shane Reti has announced. "Today's signing by the Ministry of Health and the University of Waikato is a big step forward," Dr Reti says."The Ministry.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 13th, 2024