HEARD IT THROUGH THE GRIPEVINE: OUR NEW ABNORMAL As talks swirl about a plan to merge our two state-owned lending institutions, the Land Bank and the Development Bank of the Philippines (DBP), it may make sense to first appreciate that this is a “revival” of an old tune — one that’s brought...
*Photo above shows (from left): PRSP Director, Georgina Banzon; BPI Chief Customer and Marketing Officer, Cathy Santamaria; BPI Social Media Strategist, Suzette Dalumpines; PRSP 58th Anvil Awards Board of Jurors Chairman and former Education and Trade Secretary, Jesli Lapus; BPI Corporate...
Manila, Philippines – BDO Network Bank, Inc. will hold its Annual Stockholders’ Meeting in hybrid format on April 28, 2023, Friday at 11:00 a.m. A copy of the official announcement published in Manila Bulletin broadsheet is shown below:
China Banking Corporation (China Bank) received the coveted Five Golden Arrow Recognition, the highest corporate governance award given by the Institute of Corporate Directors (ICD) to the country’s top publicly listed companies (PLCs) based on the 2021 ASEAN Corporate Governance Scorecard...
Enriching lives and building communities Last holiday season, Security Bank partnered with communities such as the Philippine General Hospital-Cancer Institute, the Center for Community Transformation (CCT) Group, and the Community Crafts Association of the Philippines (CCAP) to touch the lives of...
Philippine Savings Bank (PSBank), the thrift-banking arm of the Metrobank Group, reported that its net income shot up 139 percent to a record-high P3.68 billion in 2022 from the P1.54 billion earned in 2021. In a disclosure to the Philippine Stock Exchange, the bank said its remarkable performance...
State-owned Government Service Insurance System (GSIS) now accepts optional non-life insurance (ONLI) premium payments and the corresponding taxes and fees from clients online through Land Bank of the Philippines. In a statement on Monday, Feb. 20, Wick Veloso, GSIS president and general manager,...
The Philippine Coast Guard (PCG) disclosed Friday, Feb. 17, that one of its patrol ships encountered and challenged a Vietnamese-flagged fishing vessel off Recto (Reed) Bank as the PCG vowed to intensify its presence in in the West Philippine Sea (WPS) amid the intrusion of foreign elements....
Union Bank of the Philippines has appointed its Senior Executive Vice President Henry Rhoel R. Aguda as President and Chief Executive Officer of subsidiary UnionDigital Bank Inc. In a disclosure to the Philippine Stock Exchange, the bank said its Board of Directors has approved the secondment of...
A New York-based commercial bank has expressed willingness to cooperate with a Senate panel investigating the Philippine Amusement Gaming Corp.’s (PAGCOR) alleged anomalous contract with a third party auditor for Philippine Offshore Gaming Operators (POGOs). In a letter to Janice Godornes,...
The Securities and Exchange Commission has agreed to reduce the penalty it imposed against Bank of the Philippine Islands to P30 million from the original P134.62 million. In a disclosure to the Philippine Stock Exchange, BPI said it has received a letter from the SEC informing the bank that the...
The Bangko Sentral ng Pilipinas (BSP) has confirmed that the third party auditor contracted by the Philippine Amusement and Gaming Corp. (PAGCOR) for Philippine Offshore Gaming Operators (POGOs) submitted spurious documents, Sen. Sherwin Gatchalian said on Friday, February 10. Gatchalian said this...
