Land Bank of the Philippines is poised to overtake the Sy-led BDO Unibank Inc. as the country’s largest bank after President Marcos approved the proposed merger of the two state-owner lenders. Finance Secretary Benjamin E. Diokno said the government will merge the Development Bank of the...
President Ferdinand "Bongbong" Marcos Jr. is keen on merging the Development Bank of the Philippines (DBP) and the Lank Bank of the Philippines (Land Bank), which he called as a game changer amid recent financial developments abroad. Marcos presided over a meeting with the economic team on Tuesday,...
Delegates from the Sri Lanka Ministry of Health and Asian Development Bank paid a courtesy visit to Para ñaque Mayor Eric Olivarez and 1 st District Rep. Edwin Olivarez on March 23. The delegates were accompanied by Para ñaque City Health Office (CHO) officer Dr. Olga Virtusio and Dr....
The World Bank said the quality of jobs, particularly for Filipino youth, remained a concern in the country despite strong rebound of the economy from the prolonged pandemic. In a report released on Wednesday, March 22, the Washington-based multilateral institution said that over 60 percent of the...
HEARD IT THROUGH THE GRIPEVINE: OUR NEW ABNORMAL As talks swirl about a plan to merge our two state-owned lending institutions, the Land Bank and the Development Bank of the Philippines (DBP), it may make sense to first appreciate that this is a “revival” of an old tune — one that’s brought...
*Photo above shows (from left): PRSP Director, Georgina Banzon; BPI Chief Customer and Marketing Officer, Cathy Santamaria; BPI Social Media Strategist, Suzette Dalumpines; PRSP 58th Anvil Awards Board of Jurors Chairman and former Education and Trade Secretary, Jesli Lapus; BPI Corporate...
Manila, Philippines – BDO Network Bank, Inc. will hold its Annual Stockholders’ Meeting in hybrid format on April 28, 2023, Friday at 11:00 a.m. A copy of the official announcement published in Manila Bulletin broadsheet is shown below:
China Banking Corporation (China Bank) received the coveted Five Golden Arrow Recognition, the highest corporate governance award given by the Institute of Corporate Directors (ICD) to the country’s top publicly listed companies (PLCs) based on the 2021 ASEAN Corporate Governance Scorecard...
Enriching lives and building communities Last holiday season, Security Bank partnered with communities such as the Philippine General Hospital-Cancer Institute, the Center for Community Transformation (CCT) Group, and the Community Crafts Association of the Philippines (CCAP) to touch the lives of...
Philippine Savings Bank (PSBank), the thrift-banking arm of the Metrobank Group, reported that its net income shot up 139 percent to a record-high P3.68 billion in 2022 from the P1.54 billion earned in 2021. In a disclosure to the Philippine Stock Exchange, the bank said its remarkable performance...
State-owned Government Service Insurance System (GSIS) now accepts optional non-life insurance (ONLI) premium payments and the corresponding taxes and fees from clients online through Land Bank of the Philippines. In a statement on Monday, Feb. 20, Wick Veloso, GSIS president and general manager,...
The Philippine Coast Guard (PCG) disclosed Friday, Feb. 17, that one of its patrol ships encountered and challenged a Vietnamese-flagged fishing vessel off Recto (Reed) Bank as the PCG vowed to intensify its presence in in the West Philippine Sea (WPS) amid the intrusion of foreign elements....
