To settle its debt and finance expansion initiatives, Globe Telecom Inc. has recently obtained a P20 billion borrowing facility from BDO Unibank Inc. In a report filed before the Philippine Stock Exchange (PSE), the Ayala-led telco announced that it had inked a P20 billion term credit facility with the country’s biggest bank, which is owned […]
by Jan Michael Carpo, Reporter In a media advisory, the Philippine Stock Exchange (PSE) announced recently that due to a lack of fresh triggers, investors remained on the sidelines, and yesterday’s stock market ended marginally lower. The key index of the PSE fell 3.54 points, or 0.06 percent, to close out at 6,230.20. The larger […]
In response to the Bangko Sentral ng Pilipinas (BSP)’s feedback, the Gokongwei-owned Robinsons Bank Corp. and the Ayala-led Bank of the Philippine Islands (BPI) have recently announced that they will soon be undertaking a fresh new strategy and will be making changes in the implementation of their articles of merger. According to a media advisory […]
