The Bank of the Philippine Islands (BPI) announced that, effective January 1, 2022, the merger with BPI Family Savings Bank (BFSB), its wholly owned thrift bank subsidiary officially takes effect. Under the merger, parent company BPI is the surviving entity, as approved by its shareholders and...
Philippines Savings Bank (PSBank), the thrift banking arm of the Metrobank Group, reported a decline in a net income to P1.26 billion for the first nine months of 2021 from P1.33 billion in the same period last year. The bank disclosed to the Philippine Stock Exchange, that earnings were supported...
We wonder, how heavy were the coins? Posted early on the evening of October 20 are photos of a man named Manny Herrera of Bacoor, Cavite who dropped by the shop in Metro Manila to purchase a bicycle. What the netizens, and even bicycle enthusiasts, love about the post is that Herrera brought...
Officials of the Department of Environment and Natural Resources reportedly authorized the use portions of the agency’s savings in 2018 instead of reverting the full amount to the Bureau of Treasury (BT) as provided by law. Deputy Minority Leader and Bayan Muna Rep. Carlos Isagani Zarate made...
Malacañang assured the public that all savings from discontinued programs went to infrastructure projects necessary in the country's fight against the coronavirus (COVID-19) pandemic. Presidential Spokesman Harry Roque (Malacañang photo) Presidential Spokesman Harry Roque made the statement...
The COVID-19 pandemic has prompted more people, now including younger ones at the age of 15 to 25, to save and invest in order to deal with their top fears and concerns these days – which include running out of money, getting sick, losing their lives or their loved ones, declining mental health,...
Philippine Savings Bank (PSBank), the thrift banking arm of the Metrobank Group, registered a 32 percent drop in net income to P879 million for the first half of 2021 from P1.29 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the bank said gross revenues...
House Deputy Minority Leader and Bayan Muna Rep. Carlos Isagani Zarate and former Rep. Neri Colmenares on Saturday, August 21 urged the Commission on Audit and the Office of the Ombudsman to follow the money trail in the form of the tens of billions of pesos in government savings. Money Zarate and...
The national government will spend around P13.1 billion to provide ayuda or cash assistance to some 10.7 million residents in the National Capital Region (NCR) who will be affected by the two-week lockdown, Presidential spokesman Harry Roque said on Tuesday, August 3. Presidential spokesperson...
Uncertainties caused by COVID-19 have driven more Filipinos to save extra, but they do it without careful planning, a survey commissioned by Hong Kong-based AIA Group Limited revealed on Tuesday, July 20. Based on AIA’s Save Smarter Study 2021, the survey showed that fear and insecurity arising...
The government is planning to tap savings of agencies to augment programs related to addressing the coronavirus outbreak, including relief aid to the affected poor families. A resident of Makati City receives a first shot of Pfizer coronavirus vaccine from a health worker at the Makati Medical...
China Bank Savings (CBS), the retail banking arm of China Banking Corporation (China Bank), has appointed James Christian T. Dee as its new Director and President effective April 15, 2021. In a statement, the bank said Dee has an extensive banking experience of more than 20 years, including...
