banking

Security Bank to raise P5B from bond market

Security Bank Corp. will raise at least P5 billion from the debt market, taking advantage…

Landbank gears up for P20-B bond issue

State-owned Land Bank of the Philippines is preparing to borrow more than P20 billion via…

Real estate loans topped P3T in Q2 

Loans extended to the property sector breached the P3-trillion mark in the second quarter, with…

Globe sets capex with P5-B Bank of Commerce loan

Ayala-backed Globe Telecom has raised P5 billion from a loan agreement with Bank of Commerce.…

Ex-finance chief calls for cash curbs to combat corruption

Former Finance Secretary Cesar Purisima called on local policymakers to adopt tougher curbs on cash…

Bond buyers boost bids after hefty gov’t payouts

The Marcos administration tapped local creditors at lower rates in Tuesday’s Treasury bond (T-bond) auction.…

RCBC, Meridian launch US bank account for Filipinos

Filipinos may now open their own US bank accounts via Rizal Commercial Banking Corp. (RCBC)…

BIZ BUZZ: BSP plugs whistleblower gaps

After the “ghost employees” scandal dented its reputation, the Bangko Sentral ng Pilipinas (BSP) is…

BSP axes supervisors in ‘ghost’ staff case

The Bangko Sentral ng Pilipinas (BSP) has dismissed two supervisors accused of falsifying attendance records…

BIZ BUZZ: UBx appoints Dan Marogy, its new CEO

The financial technology arm of Union Bank of the Philippines has chosen a new leader,…