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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

Solar Philippines, Indonesian partner secure $14 million loan for solar farm

Solar Philippines and its Indonesian partner have secured a $14-million bank loan for the development of a 25-megawatt solar farm in Kubu District, Karangasem Regency, East Bali......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Solar Philippines, Indonesian partner secure $14 million loan for solar farm

Solar Philippines and its Indonesian partner have secured a $14-million bank loan for the development of a 25-megawatt solar farm in Kubu District, Karangasem Regency, East Bali......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

ADB approves USD 100 mln loan to support small and medium-sized enterprises in Sri Lanka

Manila [Philippines], March 19 (ANI): The Asian Development Bank (ADB) has approved a USD 100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change. SMEs play a critical role in Sri Lanka's economy, contributing 52 per cent to the country's gross domestic product and employ 45 per c.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

ADB, iSON ink deal to boost Philippines digital connectivity

MANILA, March 4 (Xinhua) -- The Asian Development Bank (ADB) said Monday that it has signed a 2.4 billion pesos (42.85 million U.S. dollars) loan with the telecom towers building and managing company iSON Tower Limited Inc. as part of a ADB-led co-financing package to enhance digital connectivity in the Philippines. The loan will support the construction, development, and operation of 800 shared telecommunicatio.....»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

ADB, iSON ink deal to boost Philippines digital connectivity

MANILA, March 4 (Xinhua) -- The Asian Development Bank (ADB) said Monday that it has signed a 2.4 billion pesos (42.85 million U.S. dollars) loan with the telecom towers building and managing company iSON Tower Limited Inc. as part of a ADB-led co-financing package to enhance digital connectivity in the Philippines. The loan will support the construction, development, and operation of 800 shared telecommunicatio.....»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

Wider margins, lower loan provisions boost PNB profit

Wider margins and lower provisioning for potential loan losses helped boost the profit of Philippine National Bank by 55 percent to P17.97 billion in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

PDIC extends loan incentive program for closed bank borrowers

PDIC extends loan incentive program for closed bank borrowers.....»»

Category: newsSource:  sunstarRelated NewsFeb 15th, 2024

Metrobank Makes Achieving Your Home Goals Easier With Its Free Appraisal Fee Promo!

This February, Metrobank is again making it easier for Filipinos to achieve their dream home as it brings back its free appraisal fee promo – giving clients up to PHP 5,500 in savings on their home loan. From February 1 to March 29, 2024, qualified clients who will submit a complete home loan application to […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 10th, 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

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

CARD RBI offers solar loans to combat rising power costs

For the bank, this solar loan program further defines their commitment to creating a brighter, sustainable future for everyone......»»

Category: sportsSource:  abscbnRelated NewsMar 12th, 2024

SSS offers loan condonation program

State-run pension fund Social Security System has called on its members with unsettled loans to avail themselves of the agency’s condonation program and clear out their obligations......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

PRO-3 offers free rides during transport strike

PRO-3 offers free rides during transport strike.....»»

Category: newsSource:  sunstarRelated NewsApr 29th, 2024

More Power offers relief measures amid power outages in Iloilo City

More Power offers relief measures amid power outages in Iloilo City.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024