Tag page - trust

GT Capital Holdings, Inc., the flagship of the Ty family, reported a 53 percent drop in core net income to P7.4 billion last year from the P15.8 billion earned in 2019. In a disclosure to the Philippine Stock Exchange, the firm said consolidated net income reached P6.5 billion last year, 68...

ORIX METRO Leasing and Finance Corporation (ORIX METRO), a unit of the Metrobank Group, was assigned a high issuer credit rating of PRS Aa plus (corp.)with a Stable outlook by Philippine Rating Services Corporation (PhilRatings). A company rated PRS Aa (corp.) differs from the highest rated...

The Securities and Exchange Commission (SEC) has approved the P14.71 billion initial public offering (IPO) of DoubleDragon Properties Corporation’s real estate investment trust (REIT). The SEC En Banc resolved to render effective the registration statement of DDMP REIT, Inc. for 17.83 billion...

Multisectoral groups, comprising of 51 largest and widely-represented private sector associations, have urged for the immediate enactment of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill to boost market confidence, save jobs and provide instant relief to businesses’...

Banks’ trust assets were up 6.20 percent as of end-third quarter 2020 to P3.048 trillion from P2.870 trillion same period in 2019 with most preferring to be liquid and opting for safer investments during the pandemic. Based on data from the Bangko Sentral ng Pilipinas (BSP), the 28 financial...