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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: philstar philstarMay 19th, 2024

ACEN guarantees subsidiary’s P1.4 billion loan

ACEN Corp., the listed energy platform of the Ayala Group, has issued a corporate guarantee in support of the P1.4 billion loan of its subsidiary San Carlos Solar Energy Inc......»»

Category: financeSource:  philstarRelated NewsMay 20th, 2024

GSIS waives P1.6 billion penalties for housing loan borrowers

State-run pension fund Government Service Insurance System has waived P1.6 billion in penalties of housing borrowers having difficulties settling their loan obligations......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Philippines, Vietnam ink 5-year rice supply deal

The Philippines signed on Tuesday a five-year deal with Vietnam to ensure steady supply of affordable rice to the country as global prices of the staple continue to surge......»»

Category: newsSource:  philstarRelated NewsJan 31st, 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

Union Bank board approves P10-B stock rights offering

The board of directors of Union Bank approved a plan to conduct a stock rights offering to raise up to P10 billion to “fund the capital infusion to UnionDigital” and for “projected retail loan availments”......»»

Category: financeSource:  philstarRelated NewsJan 30th, 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

Euromoney recognizes Metrobank as Best Bank for Ultra High-Net-Worth Filipinos

Metropolitan Bank & Trust Co. (Metrobank) remains the preferred bank for affluent Filipinos as it receives the Best Bank for Ultra High-Net-Worth (UHNW) award at the Euromoney Global Private Banking Awards 2024......»»

Category: financeSource:  philstarRelated NewsApr 1st, 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

45 crore Jan Dhan accounts have accumulated Rs 2.1 lakh crore: Anurag Thakur

New Delhi [India], February 17 (ANI): Union Minister Anurag Thakur on Friday inaugurated the 2024 Annual Government and Institutional Business Meet of the Federal Bank and asserted that under the Jan Dhan scheme around 45 crore bank accounts have been opened. Addressing an audience of the officials and employees of the bank, the Minister at the very outset, congratulated Federal Bank for an all-time high share price. Reca.....»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

45 crore Jan Dhan accounts have accumulated Rs 2.1 lakh crore: Anurag Thakur

New Delhi [India], February 17 (ANI): Union Minister Anurag Thakur on Friday inaugurated the 2024 Annual Government and Institutional Business Meet of the Federal Bank and asserted that under the Jan Dhan scheme around 45 crore bank accounts have been opened. Addressing an audience of the officials and employees of the bank, the Minister at the very outset, congratulated Federal Bank for an all-time high share price. Reca.....»»

Category: sportsSource:  abscbnRelated NewsFeb 17th, 2024

LausGroup, Club Marriott ink pact for customer excellence

LausGroup, Club Marriott ink pact for customer excellence.....»»

Category: lifestyleSource:  abscbnRelated NewsMay 22nd, 2024

DENR, ink LGU for agroforestry pact

DENR, ink LGU for agroforestry pact.....»»

Category: newsSource:  sunstarRelated NewsMay 6th, 2024

JOC members ink MOA for a peaceful and orderly Peñafrancia festivity

JOC members ink MOA for a peaceful and orderly Peñafrancia festivity Vox Bikol Wed, 08/15/2018 - 13:33.....»»

Category: entertainmentSource:  philstarRelated NewsApr 10th, 2024

Comelec opens bidding for indelible ink

Comelec opens bidding for indelible ink.....»»

Category: newsSource:  sunstarRelated NewsMar 29th, 2024

Visayan Electric, Aboitiz Foundation ink MOA for 2024 school rewiring project

Visayan Electric, Aboitiz Foundation ink MOA for 2024 school rewiring project.....»»

Category: newsSource:  sunstarRelated NewsMar 18th, 2024

Honor, Nokia ink patent agreement for bigger innovations

Honor, Nokia ink patent agreement for bigger innovations.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024

Kapatik World Tattoo Expo showcases a global tapestry of ink, culture, and camaraderie

Kapatik World Tattoo Expo showcases a global tapestry of ink, culture, and camaraderie.....»»

Category: sportsSource:  abscbnRelated NewsJan 29th, 2024

UnionBank profit down 28 percent to P9.2 billion in 2023

The earnings of Union Bank of the Philippines dropped by 27.8 percent to P9.2 billion in 2023 from P12.74 billion in 2022, as the listed bank booked higher provisioning and integration costs from the takeover of the retail banking business of global banking giant Citi in the Philippines......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024