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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......»»
PNB asset sale seen to yield P5.4 billion
Philippine National Bank will raise at least P5.41 billion from the disposition and monetization of foreclosed assets in Makati, Mandaluyong and Quezon City next month......»»
GSIS, PNB allot P1.2 billion for affordable housing
State-run pension fund Government Service Insurance System has teamed up with Lucio Tan-led Philippine National Bank to earmark P1.2 billion to construct affordable houses and address the backlog in the country......»»
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......»»
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.....»»
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.....»»
Market still not conducive for IPO
PNB Holdings Corp., a wholly-owned subsidiary of the Philippine National Bank, is ready to conduct an initial public offering, according to Carlu Fernandez, Philippine Airlines’ general counsel, but market conditions are still not conducive to an IPO at this time......»»
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......»»
U-BIX Chairman and CEO Edilberto B. Bravo: The King of Hearts (and Paper)
On paper, U-BIX founder, Chairman, and CEO Atty. Edilberto B. Bravo is intimidating. Prior to our round-table interview, this writer was given pages of materials about the man, his family, and the legacy he has built, transcending the paper and copier business he started in 1968 with his wife, Dr. Felina Bravo......»»
The biggest infra company
San Miguel Corp. president and CEO Ramon S. Ang and Metro Pacific Investments Corp. chair, president and CEO Manuel V. Pangilinan are talking to merge their respective tollways operations – SMC Tollways (under San Miguel Infrastructure Holdings) and Metro Pacific Tollways Corp. MPIC......»»
Maharlika CEO: terrorists are the only investors we won’t deal with
In an interview with Nikkei Asia, Rafael Consing, CEO of the Maharlika Investment Corp., addressed the delay in the MIC’s deployment of capital, and provided some insight into the level of interest the fund has received from global investors......»»
Emma Stone best actress sa Oscars 2024: Robert Downey, Jr. winner din
HUMAKOT ng awards ang pelikulang “Oppenheimer” sa katatapos lamang na 2024 Academy Awards, kabilang na ang Best Picture. Pitong tropeo ang napanalunan ng naturang pelikula, bukod sa Best Picture, wagi rin si Christopher Nolan bilang Best Director, Best Actor para kay Cillian Murphy at Best Supporting Actor para kay Robert Downey, Jr.. Ang “Oppenheimer” din.....»»
Cebu Pacific wins accolades as among best low-cost, Safe Airlines
Cebu Pacific wins accolades as among best low-cost, Safe Airlines.....»»
Working Ginebra’s system
Scottie Thompson sat out Barangay Ginebra’s first two games in the PBA Philippine Cup but somehow, the team managed to register wins over Rain or Shine and Phoenix, zooming to a strong start with coach Tim Cone relying on a rotation that suits a system rather than individual players......»»
Carlos Yulo wins bronze in Baku World Cup
MANILA, Philippines – Carlos Yulo managed to reach the podium in his first high-caliber foreign meet since a world championship stint nearly half a year back. The Filipino gymnastics star punctuated his stint in the Baku, Azerbaijan leg of the 2024 FIG Artistic Gymnastics World Cup Series with a bronze medal in the men’s floor.....»»
Choco Mucho joins PVL sister team Creamline as Allianz PNB Life ambassadors
Don’t be surprised if sister teams Creamline and Choco Mucho end up battling in a dream finals encore in the Premier Volleyball League, which ushers in its All-Filipino Conference on February 20 in Smart Araneta Coliseum......»»
Philippines central bank keeps key interest rates unchanged
MANILA, April 8 (Xinhua) -- The Philippine central bank opted Monday to keep the bank's target reverse repurchase rate at 6.5 percent, and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the latest inflation path has shifted slightly higher but still remains within targe.....»»
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 […].....»»
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.".....»»