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Yanson-owned bus companies running strong
Rural Transit Mindanao Inc., a bus company that is part of the Yanson Group, remains strong and resilient......»»
This Pinoy company is making an impact through financial technology
“We started by looking at transforming and [digitizing] rural banks. Along the way we discovered a number of pain points, one of which is how to improve their credit process.” Tapiador said......»»
PhlPost partners with USAID on e-commerce initiatives
Recognizing the potential of the Philippine Postal Corp. (PhlPost) as an important partner in expanding e-commerce, even in rural areas, the United States Agency for International Development Philippines is extending its technical assistance through its Strengthening Private Enterprises for the Digital Economy Activity. The initiative aims to help PhlPost develop its digitalization roadmap as part of its modernization program. .....»»
CA orders freezing of MFT Group bank accounts, assets
The bank accounts and other assets of Maria Francesca Tan (MFT) Group of Companies Inc. have been ordered frozen by the Court of Appeals (CA) upon finding probable cause that they were linked to unlawful activities......»»
Maya solidifies hold as top digital bank
Maya solidifies hold as top digital bank.....»»
Tax Notes: ITR filing 2023: Extended banking hours, bank acceptance of tax returns on Saturdays, out-of-district filing
Tax Notes: ITR filing 2023: Extended banking hours, bank acceptance of tax returns on Saturdays, out-of-district filing.....»»
CIMB boosts financial inclusion with Lazada
Digital-only commercial bank CIMB Bank Philippines has teamed up with e-commerce platform Lazada Philippines to further advance financial inclusion and digital payments among Filipinos, targeting to onboard 500,000 borrowers within six months......»»
ASEAN expands regional payment connectivity
The Association of Southeast Asian Nation has onboarded Brunei Darussalam Central Bank and Bank of the Lao PDR in ramping up cross-border payments in the region, bringing the number of total central banks participating in the regional payment connectivity initiative to eight......»»
ED attaches asset worth Rs 70 lakh in bank fraud implicating Hyderabad-based Jasleen Enterprises
New Delhi [India], March 28 (ANI): The Directorate of Enforcement (ED) has attached an immovable property valued at Rs 70 lakh in a bank fraud case involving Jasleen Enterprises headquartered in Hyderabad. The Hyderabad division of the ED attached the fixed asset in accordance with the stipulations outlined in the Prevention of Money Laundering Act (PMLA) of 2002. ED initiated investigation on the basis of First Informati.....»»
DOF: GFIs can seek extended relief after Maharlika infusion
Government financial institutions Land Bank of the Philippines and Development Bank of the Philippines will likely seek an extension of its regulatory relief following contributions to the country’s sovereign wealth fund......»»
GSIS taps Maya for payments
State-run pension fund Government Service Insurance System is expanding its payment channels through a partnership with digital bank Maya Bank Inc......»»
BPI to sell its entire 15% GoTyme Bank stake back to the Gokongweis
Zobel Family banking unit BPI disclosed that its board of directors has approved the sale of BPI’s stake in GoTyme Bank to a subsidiary of JG Summit and a company called Giga Investment Holdings Pte. Ltd. at a price of P1.20/share......»»
Bank of Japan ends negative interest rate policy
Bank of Japan ends negative interest rate policy.....»»
Security Bank, Helios team up for solar energy in households
Security Bank Corp. has tied up with climate fintech firm Helios to boost the access of Filipino homeowners to clean and sustainable energy......»»
CARD Bank marks 26th year as financial inclusion champion to Filipino communities
CARD Bank, Inc. celebrated its 26th founding anniversary and savings month with the theme “Conquering a new frontier towards more inclusive financial services” on September 1, 2023......»»
ED attaches immovable assets worth Rs 4.81 crore of four individuals in J-K bank fraud case
New Delhi [India], March 11 (ANI): The Enforcement Directorate (ED) has provisionally attached immovable properties worth Rs 4.81 crore of four individuals, including two jewellers and two engaged in tours and travels service, in Jammu and Kashmir linked to a bank fraud case. The attached properties are in the form of 18 Kanal of land and building which pertains to Isfaq Ahmad Zargar of Nikha Ornaments (12.5 marla), Khali.....»»
Security Bank advances sustainability journey to deliver meaningful stakeholder impact
Security Bank made significant advancements in its sustainability journey last year, and has ambitious plans for 2024......»»
Bank lending picks up pace in January
Despite elevated interest rates, bank lending growth climbed to an eight-month high of 7.8 percent in January, amid the continued recovery of the economy......»»
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 […].....»»
DBP seeks capital buildup of up to P300 billion
State-run Development Bank of the Philippines is hoping to raise its authorized capital stock to P300 billion as the bank seeks to amend its nearly three-decade-old charter......»»