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Double-digit growth in bank lending seen this year

The Philippine banking sector is expected to book double-digit growth in loan disbursements this year on the back of robust economic growth, according to BMI Country Risk & Industry Research......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

Producers Savings Bank acquires Leyte rural bank

Producers Savings Bank Corp. has completed its merger with one more rural bank, bolstering the bank’s assets and profit growth via its branch network expansion......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

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,.....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

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 […].....»»

Category: newsSource:  journalRelated NewsFeb 4th, 2024

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.....»»

Category: newsSource:  philippinetimesRelated NewsJan 21st, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsJan 20th, 2024

BPI to hold annual stockholders meeting on April 23

Notice is hereby given that the annual meeting of stockholders of Bank of the Philippine Islands (BPI) will be conducted virtually on April 23......»»

Category: newsSource:  philstarRelated NewsApr 2nd, 2024

Annual Stockholders Meeting of UnionBank slated on April 26

The annual stockholders' meeting of Union Bank of the Philippines will be held virtually on April 26, 2024 at 1:00 p.m......»»

Category: financeSource:  philstarRelated NewsMar 21st, 2024

Daily Gospel, April 2

This is the Daily Gospel for today, April 02, 2024, which is Tuesday of Easter Week. READ MORE: Daily Gospel, April 1 Daily Gospel, March 30 Holy Gospel of Jesus Christ according to Saint John 20, 11-18. Mary Magdalene stayed outside the tomb weeping. And as she wept, she bent over into the tomb and.....»»

Category: newsSource:  inquirerRelated NewsApr 2nd, 2024

Marcos laughs off ‘leaked’ PDEA report vs him, Maricel Soriano

MANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr. on Monday merely laughed off drug use allegations hurled against him and actress Maricel Soriano, as claimed by a document purportedly leaked by the Philippine Drug Enforcement Agency (PDEA). Alleged PDEA files linking Marcos and Soriano to drug use circulated online, with Senator Ronald “Bato” dela Rosa seemingly lending.....»»

Category: newsSource:  inquirerRelated NewsMay 6th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

HSBC bullish on Philippine economy

British banking giant HSBC is targeting to boost its financial services, onboard more affluent clients into its wealth management business and increase its lending capabilities in the country as it sees huge opportunities for the Philippines in the coming years......»»

Category: newsSource:  thedailyguardianRelated NewsApr 6th, 2024

HSBC bullish on Philippine economy

British banking giant HSBC is targeting to boost its financial services, onboard more affluent clients into its wealth management business and increase its lending capabilities in the country as it sees huge opportunities for the Philippines in the coming years......»»

Category: newsSource:  thedailyguardianRelated NewsApr 6th, 2024

HSBC bullish on Philippine economy

British banking giant HSBC is targeting to boost its financial services, onboard more affluent clients into its wealth management business and increase its lending capabilities in the country as it sees huge opportunities for the Philippines in the coming years......»»

Category: newsSource:  thedailyguardianRelated NewsApr 6th, 2024

Asialink eyes P2.4 billion in truck loans as e-commerce grows

Asialink Finance Corp. is looking at lending as much as P2.4 billion this year to the fast growing market for brand new and used trucks that are essential to the growth of e-commerce and logistics......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

Lending startup unveils credit card for Gen Zs

Technology startup firm Zed Philippines Inc. has launched a Mastercard Titanium credit card with zero interest, zero foreign transaction fees and no annual charges, aiming to roll out these cards to the market within the coming months......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Robbers kill guard dog to enter establishment

Unidentified robbers stole nearly P200,000 from RDM 128 Lending Corporation at Purok 4, Brgy. San Francisco, Panabo City......»»

Category: sportsSource:  abscbnRelated NewsFeb 23rd, 2024

Asialink loan releases jump 38% to P12.6 billion

Loans extended by Asialink Finance Corp. jumped by 38.1 percent to P12.6 billion last year from P9.12 billion in 2022, further boosting its lending portfolio......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024