Category: Banking and Finance

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…

Tags

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…

Tags

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…

Tags

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…

Tags

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

By Ralph Fajardo

calendar_today November 22, 2023 schedule 3 min read

LANDBANK grants P4.3 billion worth of loans to fund rural development projects in Pangasinan

State-owned Land Bank of the Philippines (LANDBANK) has recently granted a total of P4.3 billion worth of sub-loans to finance…

Tags

better socio-economic, enhanced basic services, inclusive local economy, LANDBANK, stronger local tourism industry, tourism-related services

By Ralph Fajardo

calendar_today November 14, 2023 schedule 3 min read

BSP kicks off ‘2023 Fin-Ed Stakeholders Congress’

The Bangko Sentral ng Pilipinas (BSP) today kicks off the 2023 Financial Education (Fin-Ed) Stakeholders Congress, themed “Unlocking Financial Freedom…

Tags

BDO Foundation, BSP, Fin-Ed Stakeholders Congress, financial education, financial empowerment, Financial literacy, Holistic Financial Empowerment, TESDA

By Ralph Fajardo

calendar_today November 13, 2023 schedule 3 min read

DBP bankrolls water project and inaugurates a new lending center in Puerto Princesa City

State-owned Development Bank of the Philippines (DBP) has granted a P375-million loan to the Puerto Princesa City Water District (PPCWD)…

Tags

credit support, DBP, environment, improve local infrastructure, infrastructure and logistics, MSMEs, social services and community development

By Ralph Fajardo

calendar_today November 8, 2023 schedule 2 min read

LANDBANK launches OptiSaver high-interest account to support its clients’ financial goals

The Land Bank of the Philippines (LANDBANK) is giving clients a great reason to keep building their savings to reach…

Tags

branch-lite units, LANDBANK, maximize savings, Mobile Banking App (MBA), optimal interest rates, OptiSaver, savings account, time-bound investment product

By Ralph Fajardo

calendar_today November 7, 2023 schedule 4 min read

UNO Digital Bank and Bridge Access, join forces to help drive intelligent (financial) inclusion

A recent survey shows that 68% of the younger workforce, the Gen Zs, believe access to credit is more important…

Tags

automated savings, Bridge Access, Financial literacy, intelligent (financial) inclusion, investments, low-cost loans, maximize credit, Uno Digital Bank

By Ralph Fajardo

calendar_today November 6, 2023 schedule 3 min read

BPI’s 9-month profit increases to PhP38.6 billion after a robust Q3

After a solid third quarter, the earnings of the Bank of the Philippine Islands (BPI) increased from P30.5 billion in…

Tags

banking and finance, BPI, loan growth, non-performing loan ratio, steady margin, strong financial performance

By Ralph Fajardo