banking

Citystate Savings Bank reels in P735M from CS Capital

Hong Kong-listed CS Capital Investment Pte. Ltd. has completed its acquisition of a minority stake…

ADB work in PH to continue 

The Asian Development Bank (ADB) said a corruption scandal involving flood control projects would not…

New tax law spurs ‘dramatic’ retreat from long-term bank savings

The new law ending tax breaks on long-term time deposits has triggered a “dramatic” exodus…

SEC seeks bank secrecy reforms to weed out corruption

The Securities and Exchange Commission (SEC) is supporting proposals to ease bank secrecy laws amid…

Challenges of money muling probes

Acting on the petition of the Anti-Money Laundering Council (AMLC), the Court of Appeals issued…

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…