As businesses scale and expand across Luzon, Visayas, and Mindanao, the need for faster and more efficient processes becomes crucial. Every new branch needs a fully operational team. Every warehouse requires workers on deck. Every gig worker or partner rider counts on payouts to arrive when...
Bank of the Philippine Islands (BPI) is seeking to raise at least ₱5 billion through the issuance of social bonds to fund projects aimed at community development and economic empowerment. In a disclosure to the Philippine Stock Exchange on Monday, Jan. 5, t he Zobel-led lender said it will offer...
PNB Holdings Corp., the real estate arm of billionaire Lucio Tan’s Philippine National Ban (PNB), has formally applied to list its shares on the Philippine Stock Exchange (PSE), moving to monetize a massive property portfolio after years of preparation. In a regulatory filing on Friday, Dec. 26,...
Philippine Bank of Communications (PBCom), the lender controlled by retail tycoon Lucio Co, is pivoting toward aggressive expansion of its low-cost deposit base to sustain momentum following its upgrade to a universal banking license. PBCom, which recently celebrated its 85th anniversary, is...
GoTyme Bank, in partnership with Visa, is giving football fans and everyday spenders the chance to score an unforgettable experience. Every tap, swipe, or purchase using your GoTyme Bank Visa Debit Card brings you closer to a dream matchday like never before. This promo celebrates financial...
Filipino Christmases have always been about reaching out, no matter the distance. It’s the tita who sends her pamangkin a little extra for noche buena, the barkada group chat planning a reunion from three different cities, or the parent abroad making sure their family feels their love through...
State-run Land Bank of the Philippines (Landbank) has agreed to sell its 2.15-percent stake in Philippine Dealing System Holdings Corp. (PDSHC) to the Philippine Stock Exchange (PSE), allowing the bourse to increase its stake to 80.48 percent. The PSE disclosed that it has entered into a share...
TEL AVIV, Israel (AP) — Israel’s Cabinet has approved a proposal for 19 new Jewish settlements in the occupied West Bank, the far-right finance minister said Sunday, as the government pushes ahead with a construction binge in the territory that further threatens the possibility of a...
The Lucio Tan Group’s (LTG) lender, Philippine National Bank (PNB), has entered into a strategic partnership with Discovery Capital Finance Corp. (DCFC) through the signing of a loan facility agreement to boost financial support for small and medium enterprises (SMEs). The new loan facility...
Ayala-led Bank of the Philippine Islands (BPI) continues to consolidate its businesses, this time with the planned merger of BPI Direct BanKo Inc., A Savings Bank (BanKo) and Legazpi Savings Bank Inc. (LSB), with BanKo as the surviving entity. In a disclosure to the Philippine Stock Exchange (PSE),...
Aboitiz-led Union Bank of the Philippines (UnionBank) has launched the country’s first payroll account opening solution that requires no more manual intervention, cutting turnaround time to 24 hours from the industry norm of two weeks. “With Zero-Touch Onboarding, we’ve reimagined one of the...
Bank of the Philippine Islands’ microfinance arm, BPI Direct BanKo Inc., A Savings Bank (BanKo), has enlisted NASDAQ-listed ACI Worldwide to advance its payment infrastructure, according to a statement. Under the partnership, BanKo will implement ACI’s issuing and acquiring platform, which is...
