Security Bank’s industry-leading approach to Human Capital Management (HCM) has been recognized by several international and local award-giving bodies, including the HR Excellence Awards, where EVP and Chief People Officer, Nerissa Berba, was named HR Leader of the Year. Many banks claim to put...
AyalaLand Hotels and Resorts Corp (AHRC) has signed an agreement with the International Finance Corporation (IFC) signifying its commitment to achieve EDGE Zero Carbon certification for 2,826 rooms in its hotel portfolio by 2026, a first for a hotel group in the Philippines. EDGE Zero Carbon...
PBCom plans P2-B bond issuance By James A. Loyola Philippine Bank of Communications (PBCom), a lender controlled by businessman Lucio Co, is raising at least P2 billion from the first tranche of its peso-denominated bond program. In a disclosure to the Philippine Stock Exchange (PSE), the bank said...
Zobel-controlled Bank of the Philippine Islands (BPI) has raised $400 million by successfully tapping the international capital markets with a public US-dollar bond issuance for the first time since 2019. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its offering of...
The Ayala Group’s financial arm Bank of the Philippine Islands (BPI) is seeking to raise funds overseas through the issuance of an undetermined amount of US dollar-denominated fixed-income securities. In a disclosure to the Philippine Stock Exchange (PSE), the bank said it has mandated BPI...
The Lopez Group’s Rockwell Land Corporation has recently obtained P10 billion in financing from the Philippine National Bank (PNB) and Rizal Commercial Banking Corporation (RCBC). In a disclosure to the Philippine Stock Exchange, the firm said it has secured a P5-billion term loan facility of up...
Security Bank Corporation and Helios, the country's pioneering climate fintech firm behind the innovative solar mortgage program, have joined hands to include solar panels in housing loans. “By leveraging each other’s strengths, we aim to position our solar mortgage offering not merely as an...
LANDBANK, OFBank, DMW to speed up OFW claims from 2015 Displaced Overseas Filipino Workers (OFWs) will hopefully receive the long-delayed payment of indemnity claims due to the bankruptcies of Saudi Arabian construction companies way back in 2015 and 2016. In a statement, the Land Bank of the...
While selling pressures remain after a 7-week rally, the local stock market is seen to remain bullish and may again try to breach the 7,000 level especially if US inflation data as well as local corporate earnings, remittances and foreign direct investments figures boost investor sentiment....
Mountain climbing enthusiast and Security Bank client, John Paul Narisma, waves the Philippine flag proudly at the Base Camp of Mount Everest on October 9, 2023. Nothing beats the adrenaline rush of conquering an extraordinary feat. For mountaineering enthusiast John Paul Narisma, the trek to the...
State-owned Development Bank of the Philippines (DBP) is working closely with the Department of Finance (DOF), state regulators and legislators in introducing reforms in its 26-year-old charter to cater to the demands of an ever-changing market and rapidly-evolving economic landscape, a top...
The Development Bank of the Philippines (DBP) is seeking to introduce reforms, including a massive capital hike to P300 billion, through amendments to its 26-year-old charter. In a statement, the state-owned bank said it is working closely with the Department of Finance (DOF), state regulators and...
