Bank of Commerce raises PhP 6.57 billion in oversubscribed Peso bond offering

calendar_today May 15, 2024 schedule 2 min read

by Jan Michael Carpo, Reporter In its second venture into the local debt market, the San Miguel-led Bank of Commerce raised PhP 6.57 billion recently from institutional and ordinary investors through its peso bond offering. The fundraising effort was oversubscribed, surpassing the initial target of PhP 5 billion. Security personnel at a Bank of Commerce […]

Banking and Finance, News

Bank of Commerce now CIC’s accessing entity

calendar_today January 4, 2024 schedule 3 min read

The Credit Information Corporation (CIC), the country’s public credit registry and repository of credit information, has recently onboarded the Bank of Commerce (BankCom) as an Accessing Entity. Accessing Entities or AEs are financial institutions authorized by CIC to access borrowers’ credit reports from its database. IMAGE CREDIT: https://www.creditinfo.gov.ph/ Similar to other AEs, the Bank of […]