Philippine Savings Bank, the thrift banking arm of the Metrobank Group, reported an 18 percent hike in net income to P3.37 billion for the first nine months of 2023, resulting in an 11.7 percent growth in return on equity. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its...
PLANTING THE FUTURE Security Bank employees head to the planting site at La Mesa Watershed hand in hand with ABS-CBN Foundation’s Bantay Kalikasan Program Security Bank Foundation, Inc. (SBFI), along with 200 dedicated volunteers from the bank, marked the second year of its 10,000-tree, five-year...
CONGRATULATIONS, TÜRKIYE! Ambassador Niyazi Evren Akyol of the Republic of Túrikye, Vice President Sarah Duterte, and Rev. Charles Brown, dean of the diplomatic corps Last week, the nation of Türkiye celebrated its 100th National Day at the Peninsula Manila’s Rigodon Ballroom with Philippine...
The Philippine Business Bank (PBB) reported a 23.6 percent rise in its net income to P1.1 billion in the first nine months of 2023 compared to P926 million in the same period in 2022, attributed to its balance sheet expansion and better operating efficiency. The bank noted a strong performance in...
Aboitiz-led Union Bank of the Philippines (UnionBank) logged a 20 percent decline in its net income to P8.1 billion in the first nine months of this year from P10.1 billion in the same period in 2022. However, the bank reported a 48 percent rise in its revenues to P52.8 billion in this year’s...
Post-pandemic expectations for banking experiences have been ever shifting at a pace faster than anyone could have imagined. A new baseline for customer experience in banking has been set: People expect more channels, and faster and personalized responses without long wait times. In fact, surveys...
I'D GIVE MY LIFE FOR YOU Miss Saigon centers around the tragic romance of American GI Chris and Vietnamese bar girl Kim The heat is on in Manila as GMG Productions, in association with GWB Entertainment, has announced that Cameron Mackintosh’s globally acclaimed production of Boublil &...
Pangilinan-led PXP Energy Corporation is still focused on intensifying its plea to the government for the targeted lifting of the ‘force majeure’ roadblock that had been enforced on its planned exploration and drilling activities at its petroleum blocks along Palawan basin. The company has been...
Ayala-owned Bank of the Philippines Islands (BPI) will be issuing 314 million common shares to the shareholders of the Gokongwei-led Robinsons Bank Corporation (RBC) to complete their merger, which was approved by the Board of Directors on Sept. 30. According to a disclosure to the Philippine...
The Bank of the Philippine Islands (BPI) announced that it will shorten the offer period for its 1.5 year peso fixed-rate bonds worth P5 billion issued last Oct. 17 due to strong demand. In a disclosure to the Philippine Stock Exchange (PSE), the bond sale due 2025 will now end on Oct. 25,...
The Department of Education (DepEd) and The World Bank Group discussed possible partnerships to help improve the quality of education in the country. (Photo from Official Facebook Page of Inday Sara Duterte) On her official Facebook page, Vice President and Education Secretary Sara Duterte...
The Singapore-based holding firm of Atlantic, Gulf & Pacific Company (AG&P) has reshuffled its top management after the departure of its former Chief Executive Joseph Sigelman, following an internal investigation due to alleged mismanagement concerns in the company. AG&P announced that...
