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DOF: GFIs can seek extended relief after Maharlika infusion

Government financial institutions Land Bank of the Philippines and Development Bank of the Philippines will likely seek an extension of its regulatory relief following contributions to the country’s sovereign wealth fund......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

GSIS taps Maya for payments

State-run pension fund Government Service Insurance System is expanding its payment channels through a partnership with digital bank Maya Bank Inc......»»

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

Bank of Japan ends negative interest rate policy

Bank of Japan ends negative interest rate policy.....»»

Category: newsSource:  sunstarRelated NewsMar 19th, 2024

Security Bank, Helios team up for solar energy in households

Security Bank Corp. has tied up with climate fintech firm Helios to boost the access of Filipino homeowners to clean and sustainable energy......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

CARD Bank marks 26th year as financial inclusion champion to Filipino communities

CARD Bank, Inc. celebrated its 26th founding anniversary and savings month with the theme “Conquering a new frontier towards more inclusive financial services” on September 1, 2023......»»

Category: sportsSource:  abscbnRelated NewsMar 12th, 2024

ED attaches immovable assets worth Rs 4.81 crore of four individuals in J-K bank fraud case

New Delhi [India], March 11 (ANI): The Enforcement Directorate (ED) has provisionally attached immovable properties worth Rs 4.81 crore of four individuals, including two jewellers and two engaged in tours and travels service, in Jammu and Kashmir linked to a bank fraud case. The attached properties are in the form of 18 Kanal of land and building which pertains to Isfaq Ahmad Zargar of Nikha Ornaments (12.5 marla), Khali.....»»

Category: newsSource:  manilanewsRelated NewsMar 12th, 2024

Security Bank advances sustainability journey to deliver meaningful stakeholder impact

Security Bank made significant advancements in its sustainability journey last year, and has ambitious plans for 2024......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Bank lending picks up pace in January

Despite elevated interest rates, bank lending growth climbed to an eight-month high of 7.8 percent in January, amid the continued recovery of the economy......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

DBP seeks capital buildup of up to P300 billion

State-run Development Bank of the Philippines is hoping to raise its authorized capital stock to P300 billion as the bank seeks to amend its nearly three-decade-old charter......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

Security Bank automates wealth management business

Security Bank Corp. has signed a five-year contract to automate its wealth management processes in line with efforts to become one of the most technologically advanced banks in the Philippines......»»

Category: financeSource:  philstarRelated NewsMar 2nd, 2024

Security Bank advances sustainability journey to deliver meaningful stakeholder impact

Security Bank made significant advancements in its sustainability journey last year, and has ambitious plans for 2024......»»

Category: financeSource:  philstarRelated NewsFeb 28th, 2024

Metrobank eyes return to offshore debt market

Metropolitan Bank & Trust Co. is returning to the offshore debt market to raise at least $500 million to diversify the bank’s funding sources and support its operations......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

What would a new Palestinian government in the West Bank mean for the war in Gaza?

What would a new Palestinian government in the West Bank mean for the war in Gaza?.....»»

Category: newsSource:  sunstarRelated NewsFeb 27th, 2024

Sun Savings Bank: Where growth is not just a goal, but a culture

Sun Savings Bank: Where growth is not just a goal, but a culture.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

Security Bank drives digital transformation of wealth management business with Avaloq

Security Bank drives digital transformation of wealth management business with Avaloq.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

BSP planning wholesale digital currency drop by 2026

The Bangko Sentral ng Pilipinas, our country’s central bank, is planning to launch a “central bank digital currency” within two years......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

PDIC extends loan incentive program for closed bank borrowers

PDIC extends loan incentive program for closed bank borrowers.....»»

Category: newsSource:  sunstarRelated NewsFeb 15th, 2024

Landbank-DBP merger not pushing through – Recto

The planned legal merger of the Land Bank of the Philippines and the Development Bank of the Philippines is no longer pushing through as Finance Secretary Ralph Recto deviates yet again from his predecessor......»»

Category: newsSource:  philstarRelated NewsFeb 13th, 2024

Maya is '1 Digital Bank in PH

Maya now stands as the #1 Digital Bank in the Philippines, revolutionizing the industry with its unified payments and banking services on one digital platform. In 2023, Maya saw a remarkable increase in users, with 3 million depositors, more than double the previous year, and a deposit balance reaching PHP25 billion, a 69% increase from […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 10th, 2024