loan

Bank lending posted best growth in over 2 years in January

Loan growth quickened in January to hit its fastest pace of expansion in over two…

BIZ BUZZ: Peter Paul wants in on Franklin Baker?

We just heard that one of the country’s major coconut players was seeking aid to…

RCBC profit shrank by 22% to P9.5B

A one-time benefit recognized in 2023 outweighed gains in Yuchengco-led Rizal Commercial Banking Corp.’s (RCBC)…

Franklin Baker seeks loan restructuring

A group of six banks is in the “homestretch” of negotiating restructured terms for a…

Maharlika ventures into mining, extends loan to Makilala

After securing a stake in the country’s national power grid and agreeing to establish a…

Bloomberry secures P40-B loan deal

Bloomberry Resorts Corp. has obtained a P40-billion loan from seven local banks to repay an…

Phinma enters socialized housing

Phinma Corp. will venture into the socialized housing sector this year, with two projects already…

Strict application of debt payments

A recent decision of the Supreme Court in “Premiere Development Bank vs. Spouses Engracia and…

RCBC raising $4B from fresh bond foray

Rizal Commercial Banking Corp. (RCBC) will tap the overseas debt market next week and raise…

Nov loan growth revs up to fastest pace in nearly 2 years

Bank lending posted its fastest growth in almost two years in November 2024 due to…