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.....»»
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.....»»
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......»»
PLDT arm strengthens tieup with Tarlac rural bank
The business arm of PLDT Inc. has strengthened its partnership to further boost the digitalization journey of Signabank Rural Bank of Sta. Ignacia based in Tarlac......»»
PLDT arm strengthens partnership with tarlac rural bank
The business arm of PLDT Inc. has strengthened its partnership to further boost the digitalization journey of Signabank Rural Bank of Sta. Ignacia based in Tarlac......»»
Over 59,000 Indians acquired US citizenship in 2023, making up 6.7 pc of total new citizens: Report
Washington, DC [US], February 12 (ANI): Over 59,000 Indians were enlisted as bona fide US citizens in 2023, helping the country secure the second slot for the top source country for new citizens in America after Mexico, the annual progress report for 2023, released recently by the US Citizenship and Immigration Services (USCIS) stated. According to the official report, nearly 8.7 lakh foreign nationals became US citizens.....»»
Over 59,000 Indians acquired US citizenship in 2023, making up 6.7 pc of total new citizens: Report
Washington, DC [US], February 12 (ANI): Over 59,000 Indians were enlisted as bona fide US citizens in 2023, helping the country secure the second slot for the top source country for new citizens in America after Mexico, the annual progress report for 2023, released recently by the US Citizenship and Immigration Services (USCIS) stated. According to the official report, nearly 8.7 lakh foreign nationals became US citizens.....»»
Cebu Daily Newscast: Consolacion, Cebu factory fire destroys P17.5M worth of property
Listen to Cebu Daily Newscast to know the latest news in and out of Cebu. Here’s what you need to know on Thursday, May 16. Consolacion, Cebu factory fire destroys P17.5M worth of property A fire razed a factory in Barangay Pulpogan in Consolacion town in northern Cebu on Wednesday, May 15, causing damages worth.....»»
5 Home Aspect Investments That Are Worth Every Penny
Investing in a home upgrade is always worth it, especially if the Lentor Mansion unit is yours. That said, some upgrades are better than most because they improve these five home aspects. Privacy Adequate privacy allows you to do the things you want or normally do without any prying eyes. Start by installing curtains on […] The post 5 Home Aspect Investments That Are Worth Every Penny appeared first on Kagay An......»»
PDEA-7: Over P200M worth of shabu, marijuana seized in CV since Jan. 1
CEBU CITY, Philippines – In less than two months, the Philippine Drug Enforcement Agency in Central Visayas (PDEA-7) has confiscated over P200 million worth of shabu and marijuana stalks. With this, Leia Alcantara, the PDEA-7 spokesperson, said that they were able to prevent the distribution of millions worth of illegal drugs and marijuana in the.....»»
P34-M worth shabu seized in Lanao del Sur
Agents of the Philippine Drug Enforcement Agency seized P34 million worth of shabu from a dealer based in this city who was entrapped in Malabang town in Lanao del Sur on Monday......»»
Metrobank profit rises by 14 percent to P12 billion in Q1
Earnings of Metropolitan Bank & Trust Co. went up by 14 percent to P12.1 billion in the first quarter from P10.6 billion in the same quarter last year, largely due to the consistent growth of its lending portfolio, better operational efficiencies as well as stable asset quality......»»
Government raises P330 million from asset disposals in 2023
The Philippine Deposit Insurance Corp. raised some P330 million from disposing assets of padlocked banks last year......»»