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SEC sanctions more erring lending firms

The Securities and Exchange Commission (SEC) continues to come down hard on online lending companies…

PH credit card debt reaches ‘critical risk’ levels

Credit card debt in the Philippines is at a “critical” risk level as the typical…

Nueva Ecija solar project taps P498-M loan from RCBC

An entity under the Yuchengco Group’s PetroEnergy Resources Corp. (PERC) has secured P498 million funding…

Banks’ bad loan ratio eases to 3-month low

Bad loans held by Philippine banks declined to a three-month low in March, as the…

Ayalas’ ACEN musters 50M euros for expansion

ACEN Corp. has obtained new funds amounting to 50 million euros to fuel its expansion…

AUB’s 3-month net income surged 34%

While the ongoing global trade war may cause an economic slowdown, Ng family-led Asia United…

Vista Land subsidiary secures $150-M loan

A subsidiary of real estate firm Vista Land and Lifescapes Inc. has secured a $150-million…

PNB Q1 earnings up 15% on growth of loan portfolio

Philippine National Bank (PNB) grew its earnings in the first quarter by 15 percent to…

BIZ BUZZ: Maya on momentum

Digital bank Maya has started the year on a high note after ending the first…

MacroAsia-backed firm seals loan for water project

A company backed by aircraft maintenance service provider MacroAsia Corp. has secured a P1.41-billion loan…