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GoTyme shareholders acquire Philippines biggest fintech salary lender

The major shareholders of GoTyme Bank have acquired SAVii, the largest fintech salary lender in the Philippines, a move seen to accelerate the digital bank’s  expansion into payroll-enabled financial products......»»

Category: financeSource: philstar philstarMay 19th, 2024

BPI sells shares in GoTyme Bank

The Bank of the Philippine Islands sold its 752 million common shares of GoTyme Bank Corp. to GoTyme Financial Pte. Ltd. and Giga Investment Holdings Pte. Ltd, the bank said yesterday......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

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

EAM Jaishankar, Singapore PM exchange views on deepening engagement in fintech, digitalization, green economy

New Delhi [India], March 26 (ANI): External Affairs Minister S Jaishankar and Singapore Prime Minister Lee Hsien Loong exchanged views on deepening engagement in fintech, digitalization, the green economy, skills development and food security. EAM Jaishankar concluded his visit to Singapore on March 25. He was on an official visit to Singapore from March 23-25, the first leg of his visit to Singapore, Philippines and Mala.....»»

Category: newsSource:  manilanewsRelated NewsMar 26th, 2024

EAM Jaishankar, Singapore PM exchange views on deepening engagement in fintech, digitalization, green economy

New Delhi [India], March 26 (ANI): External Affairs Minister S Jaishankar and Singapore Prime Minister Lee Hsien Loong exchanged views on deepening engagement in fintech, digitalization, the green economy, skills development and food security. EAM Jaishankar concluded his visit to Singapore on March 25. He was on an official visit to Singapore from March 23-25, the first leg of his visit to Singapore, Philippines and Mala.....»»

Category: newsSource:  philippinetimesRelated NewsMar 26th, 2024

Investors don t morally care -CEO explains why Oreo s remain in Russia

The shareholders of Mondelez International have never pressured the company to quit the market, Dirk Van de Put has said   The shareholders of Mondelez International, one of the world's biggest snack companies, do not "morally care" whether the firm continues to do business in Russia, the company's.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 23rd, 2024

Maker of Oreo cookies staying in Russia - CEO

The shareholders of Mondelez International have never pressured the company to quit the market, Dirk Van de Put has said   The shareholders of Mondelez International, one of the world's biggest snack companies, do not "morally care" whether the firm continues to do business in Russia, the company's.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 22nd, 2024

BPI lends fresh P7 billion to Home Credit Philippines

Bank of the Philippine Islands has extended an additional P7 billion loan to Home Credit Philippines, making it the financing firm’s biggest lender......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

Leviste to acquire 71% stake in Roxas Holdings for P5 billion from MVP

Solar energy trailblazer Leandro Leviste, through Countryside Investment Holdings Corp., is set to acquire a controlling 71.6% stake in Roxas Holdings Inc. from Hong Kong’s First Pacific Co. Ltd. .....»»

Category: financeSource:  philstarRelated NewsMay 18th, 2024

MREIT to acquire P13.15-B in office buildings through share swap

MREIT announced that it has applied to the SEC to approve a property-for-share swap transaction with its parent company, Megaworld, where MREIT will acquire six “Grade A buildings” from MEG in exchange for 926,162,000 primary MREIT shares......»»

Category: financeSource:  philstarRelated NewsMay 15th, 2024

Tomas ordered to pay 1-year mayor’s salary over 5-yr-old case

Tomas ordered to pay 1-year mayor’s salary over 5-yr-old case.....»»

Category: newsSource:  sunstarRelated NewsMay 28th, 2024

‘Provincial board OK’d salary of Eastern Samar contract workers’

The salary of contract of service (COS) and job order (JO) employees in Eastern Samar was in accordance with the rate approved by the Sangguniang Panlalawigan based on the provincial government’s budgetary capacity, according to Gov. Ben Evardone......»»

Category: newsSource:  philstarRelated NewsApr 20th, 2024

Former Cebu City Hall tax mappers not to blame for salary delay

Former Cebu City Hall tax mappers not to blame for salary delay.....»»

Category: newsSource:  sunstarRelated NewsApr 18th, 2024

Biz groups against P100 salary hike

Biz groups against P100 salary hike.....»»

Category: newsSource:  sunstarRelated NewsFeb 27th, 2024

Tesla shareholders asked to vote again on Musks $56 billion payout

Electric vehicle manufacturer Tesla is set to ask its shareholders to reinstate CEO Elon Musk’s $56 billion pay package, following a Delaware judge’s decision to.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 17th, 2024

PSE to AR shareholders: get a lawyer and explore your legal options

Yesterday, I wrote about the SEC’s finding that Abra Mining and its directors and officers defrauded the public when ghost shares were sold to certain shareholders by way of private placements and then flipped to unwitting public buyers......»»

Category: financeSource:  philstarRelated NewsApr 17th, 2024

Maya Bank, WeFund ink P2.75 billion loan channeling deal

Digital lender Maya Bank and WeFund Lending Corp., through Lightning Financing Co., have inked a P2.75-billion loan channeling deal to boost credit accessibility for the unbanked and underserved communities in the Philippines......»»

Category: financeSource:  philstarRelated NewsMay 19th, 2024

Maya loan releases hit P34 billion

Maya Bank has disbursed over P34 billion in loans as of end-March, with 59 percent of its borrowers accessing credit for the first time through the lender......»»

Category: financeSource:  philstarRelated NewsMay 18th, 2024

SBI s net profit grows 18% in fourth quarter, 20.5% for entire 2023-24

New Delhi [India], May 9 (ANI): The State Bank of India (SBI), the country's largest lender, has reported an 18 percent rise in consolidated net profit at Rs 21,384 crore for the quarter that ended in March, aided by strong credit growth. SBI reported a net profit of Rs 18,094 crore in the year-ago period. Consolidated net profit during the entire financial year 2023-24 rose by 20.55 per cent to Rs 67,085 crore as against.....»»

Category: newsSource:  manilanewsRelated NewsMay 10th, 2024

Creador invests P4 billion into Asialink

Creador, a prominent Southeast Asian private equity firm, has invested P4 billion in Asialink Finance Corp., a leading lender to small and medium enterprises......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024