Philippine Saving Bank (PSBank), the consumer and retail bank arm of the Metrobank Group, retained the highest Issuer Credit Rating of PRS Aaa (corp.), with a Stable Outlook, from the Philippine Rating Services Corporation (PhilRatings). A company rated PRS Aaa (corp.) has a very strong capacity to...
Former House Speaker Alan Peter Cayetano led the filing Thursday, March 31 of a bill that would institutionalize his earlier proposal of requiring different government agencies to set aside five percent in budgetary savings for the proverbial "rainy days". (Ali Vicoy/ File photo/ MANILA BULLETIN)...
Saying that the government should do "much better", former House Speaker Alan Peter Cayetano has pitched a way for the state to muster enough funds so it can give each Filipino family P10,000 in direct cash aid or "ayuda". (Unsplash) Not only that, but Cayetano said there will also be P50 billion...
Philippine Savings Bank (PSBank), a subsidiary of Metropolitan Bank and Trust Company, posted a 39 percent growth in net income to P1.5 billion last year. In a disclosure to the Philippine Stock Exchange, the bank said its “strong income performance was on the back of the increase in fee income...
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...
