Category: Banking and Finance

calendar_today December 27, 2023 schedule 3 min read

Ayala signs landmark sustainability-linked credit facilities with MUFG Bank, Sun Life worth P5-B

Ayala Corporation has recently signed sustainability-linked credit facilities with MUFG Bank, Ltd. (MUFG) and Sun Life Philippines to reaffirm the…

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Ayala Corporation, banking and finance, longest-standing life insurer, MUFG, net-zero ambition, Sun Life Philippines, sustainability-linked credit facilities, sustainable financing initiatives; Ayala Corporation

By Ralph Fajardo

calendar_today December 22, 2023 schedule 4 min read

BSP recognizes 7 outstanding stakeholders and partners in Mindanao

The Bangko Sentral ng Pilipinas (BSP) recognized seven outstanding partner institutions of its Mindanao Regional Office (MRO) and Branches during…

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banking and finance, banknotes and coins, BSP, BSP Stakeholders Appreciation Ceremony, financial education, financial inclusion, Sustainable finance

By Ralph Fajardo

calendar_today December 21, 2023 schedule 3 min read

Mike Samson appointed as new CEO of Standard Chartered Bank Philippines

Standard Chartered Bank has recently announced the appointment of Mike Samson as the new Chief Executive Officer of its Philippines…

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banking and finance, extensive banking experience, Standard Chartered Bank, sustainable growth

By Ralph Fajardo

calendar_today December 20, 2023 schedule 3 min read

MAVEK unveils exclusive global internship program in six Asian countries

Invites exceptional talents from three leading universities in the Philippines Mavek has just announced the launch of its Global Internship…

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financial institutions, Global Internship Program, investment bank, M&A markets, MAVEK

By Ralph Fajardo

calendar_today December 18, 2023 schedule 3 min read

PNB posts 19% net income growth for 9 months in 2023

Philippine National Bank (PSE: PNB) registered a consolidated net income of P13.5 billion for the first nine months of 2023,…

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banking and finance, consolidated net income, Deposit liabilities, market liquidity, net income growth, PNB, PNB Digital App

By Ralph Fajardo

calendar_today December 13, 2023 schedule 2 min read

Globe eyes expansion, takes out P20 billion loan from BDO Unibank Inc.

To settle its debt and finance expansion initiatives, Globe Telecom Inc. has recently obtained a P20 billion borrowing facility from…

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BDO Unibank Inc., capital expenditures, credit facility, Globe Telecom, liquidity, loan repayments, Philippine Stock Exchange

By Ralph Fajardo

calendar_today December 11, 2023 schedule 2 min read

UnionBank acquires P237 million worth of Series C bonds, aims to raise P2-B from bond offering

Union Bank of the Philippines (UnionBank) has recently acquired bonds valued at over P200 million. The bonds, which were issued…

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aggregate principal amount, banking and finance, exchangeable bonds, Fixed-rate Series C bonds, fund-raising effort, Union Bank

By Ralph Fajardo

calendar_today December 5, 2023 schedule 4 min read

New mobile banking app OwnBank offers the highest savings interest rate yet, up to 8% per annum

In time for Filipinos’ Christmas bonus and 13th-month pay, the newest mobile banking player, OwnBank, sets foot in the market…

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banking and finance, BSP, Digital Payments Transformation Roadmap, digital-first society, financial solutions, highest interest rate, mobile banking app, OwnBank

By Ralph Fajardo

calendar_today December 4, 2023 schedule 3 min read

Standard Chartered advocates for menopause support with progressive menopause workplace policy

Bank employees will now have access to medical cover for treatment of menopause-related symptoms Standard Chartered recently announced the global…

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banking and finance, flexible working policies, menopause workplace policy, Navigating Menopause in the Workplace, Standard Chartered, supportive workplace

By Ralph Fajardo

calendar_today November 30, 2023 schedule 4 min read

BAP, Meralco hold forum on energy efficiency and sustainability solutions in PH

The Bankers Association of the Philippines (BAP) and Meralco recently held a forum to discuss ways how banks throughout the…

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banking and finance, BAP, Energy Efficiency 360, energy expenses, green energy, Meralco, MSERV, Power Up Forum, sustainability

By Ralph Fajardo