Globe Telecom Inc. has signed a term loan facility of ₱5 billion with Bank of Commerce (BankCom), the banking arm of San Miguel Corp., to bankroll expansion projects and other financing needs. In a disclosure to the Philippine Stock Exchange (PSE), the Ayala-led telecommunications giant said the...
San Miguel Corp.’s (SMC) affiliate Bank of Commerce (BankCom) posted a 31-percent growth in unaudited net income to ₱1.86 billion in the first half of 2025 primarily due to strong revenue growth. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its earnings translated to a...
San Miguel Corporation (SMC) affiliate Bank of Commerce (BankCom) achieved a new milestone as its net income hit ₱3.02 billion for the first time, up eight percent from ₱2.8 billion in 2023. The bank said achieving its higher profit since becoming an SMC affiliate shows BankCom’s strong...
San Miguel Corporation affiliate Bank of Commerce (BankCom) has upsized its peso bond offering by almost four times its original offer size due to strong demand from retail and institutional investors. In a disclosure to the Philippine Stock Exchange, the bank said it achieved its biggest peso bond...
After its ₱5 billion bond offering period, San Miguel Corporation (SMC) affiliate Bank of Commerce (BankCom) was assigned an Issuer Credit Rating of PRS Aa plus (corp.), with a stable outlook, by Philippine Rating Services Corporation (PhilRatings). An Issuer Credit Rating is an opinion on the...
San Miguel Corporation affiliate Bank of Commerce (BankCom) is raising at least P5 billion from the public offer of its dual-tranche fixed rate bonds due 2027 (Series C Bonds) and fixed rate bonds due 2030 (Series D Bonds). In a disclosure to the Philippine Stock Exchange (PSE), the bank said it...
Bank of Commerce (BankCom), an affiliate of San Miguel Corporation (SMC), posted a 10 percent year-on-year increase in unaudited net income to P2.21 billion in the third quarter of 2024, mainly due to higher revenues. The bank said in a disclosure to the Philippine Stock Exchange (PSE) that this...
Bank of Commerce (BankCom), an affiliate of diversified conglomerate San Miguel Corporation (SMC), reported an 11 percent dip in net income to P1.42 billion in the first half of 2024 from P1.59 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the bank said...
Companies, particularly banks, are urged to tap the capital market by issuing bonds as these are a stable source of funds that can be issued quickly to a large investor base and at a lower cost. The advantages of issuing bonds to raise fresh funds was raised during the seminar entitled...
Bank of Commerce (BankCom), the banking arm of San Miguel Corporation, has listed its P6.57 billion 1.5-year Series B Bonds on the Philippine Dealing & Exchange Corporation (PDEx). In a disclosure to the Philippine Stock Exchange, the bank said the aggregate orderbook for the issuance exceeded...
Bank of Commerce (BankCom), an affiliate of diversified conglomerate San Miguel Corporation (SMC), reported an eight percent growth in net income to P769.18 million in the first quarter of 2024 from P712.90 in the same period last year. In a disclosure to the Philippine Stock Exchange, the bank...
Bank of Commerce (BankCom), an affiliate of diversified conglomerate San Miguel Corporation, has successfully raised P6.57 billion from its public offer of Peso bonds (Series B Bonds) at the close of the offer period on May 9, 2024. In a disclosure to the Philippine Stock Exchange, the bank said...
