Country Builders rebrands as Top Bank, eyes expansion via mergers
Top Bank Philippines Inc. (A Rural Bank), formerly Country Builders Bank Inc., is looking out for expansion opportunities through mergers or acquisitions to meet the evolving needs of its clients......»»
Philippines central bank keeps key interest rates unchanged
MANILA, April 8 (Xinhua) -- The Philippine central bank opted Monday to keep the bank's target reverse repurchase rate at 6.5 percent, and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the latest inflation path has shifted slightly higher but still remains within targe.....»»
PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says
The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»
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......»»
Carcar rape: Bank employee claims 17-year-old girl flirted with him
CEBU CITY, Philippines – The two bank employees, who were accused of raping a 17-year-old girl in Carcar City, Cebu on Friday, had refuted the victim’s allegations against them. Bank account officer Chandie Canadalla alleged that the girl asked him to accompany her to the bathroom and went along with his flirting. From the bathroom,.....»»
Philippine central bank keeps interest rates unchanged
MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»
Philippine central bank keeps interest rates unchanged
MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»
BPI renews alliance with Mizuho Bank
The Bank of the Philippine Islands has renewed its alliance with Japan’s Mizuho Bank Ltd., expanding and strengthening the scope of business cooperation between the two banks......»»
JBIC’s environmental compliance arm to investigate bank’s LNG activity in Verde Island Passage
The Examiner for Environmental Guidelines of the Japan Bank for International Cooperation (JBIC) is set to commence an investigation for potential violations by the bank in relation to its support to the Atlantic Gulf & Pacific Company (AG&P), which built a liquefied natural gas import terminal in the biodiversity hotspot known as the Verde Island […].....»»
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.....»»
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.....»»
DBP eyes pact with CL state firms, LGUs
State-owned Development Bank of the Philippines is actively engaging several state corporations based in Central Luzon in a bid to expand its services to priority clientele especially those outside of its traditional market and city centers, a top official said......»»
RCBC the best PH bank by network uptime, and UBP ranks at the bottom
Brankas, a Singapore-based fintech software and services provider, published its first annual ASEAN Bank Stability Report to measure the network uptime performance of ASEAN-region banks, and RCBC finished in the top spot among banks in the Philippines with an uptime of 98.3% (31 hours total downtime) including a stretch of seven months with zero downtime events......»»
India’s biggest port operator eyes Bataan for expansion
India’s largest commercial port operator is eyeing to expand its operations in the Philippines, citing the country’s “stable” regulations and business environment under President Marcos......»»
Phinma to acquire another school, eyes expansion overseas
The Phinma Group is beefing up its network of educational institutions as it set its sights on acquiring more schools in the country and abroad......»»
Robinsons Land gets P33.9B in shares, injects 13 malls, offices to RCR via swap
Robinsons Land gets P33.9B in shares, injects 13 malls, offices to RCR via swap.....»»
Manila Reps. Dionisio, Tieng seek ban on gambling via online, text
TWO Manila Congressmen are fighting tooth and nail for the eradication of gambling via online and text messages, citing how it had been hooking the hapless poor and youngsters owing to easy accessibility. Speaking at the ‘MACHRA Balitaan’ of the Manila City Hall Reporters’ Association (MACHRA) held in Harbor View, Congressmen Ernix Dionisio (1st district) […].....»»
Koolpals to celebrate 5th anniversary via school fair-like event
Koolpals GB Labrador, James Caraan, Nonong Ballinan, Muman Reyes and Ryan Rems Sarita are set to celebrate their five years in podcasting via The KoolPals Block Party: a Stand-Up Comedy + Music Special in 123 Block on May 11......»»
Yasmien nanganak na via caesarean section, 2nd baby may ‘cord coil’
ISINILANG na ng Kapuso actress na si Yasmien Kurdi ang second baby nila ng kanyang asawang si Rey Soldevilla. Nanganak si Yasmien via caesarean section sa isang ospital taliwas sa nais sanang normal delivery ng aktres at celebrity mommy. Ibinalita ni Yasmien ang pagsilang ng ikalawang anak sa pamamagitan ng kanyang Instagram account kalakip ang.....»»
ABS-CBN shows return to channel 2 via Villar s AMBS
Advanced Media Broadcasting System (AMBS) and ABS-CBN Corporation have inked an agreement that will officially bring iconic Filipino entertainment programs and relevant news to more audiences via free-to-air channel ALLTV......»»
Anne Curtis, Ogie Alcasid, Karylle return to GMA via It s Showtime
Kapamilya stars Anne Curtis, Ogie Alcasid and Karylle have returned to media network GMA via "It's Showtime.".....»»