SECURITY Bank Corp. announced last week that that it had completed the acquisition of a 25-percent stake in HC Consumer Finance Philippines Inc. (HCPH), or Home Credit Philippines, reinforccing its…
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GCash to expand, targeting 10 new markets abroad
by Air UrquiolaOverseas Filipino Workers can soon download and use GCash using their local mobile phone numbers in the countries or territories where they live and work as the country’s leading finance…
Security Bank Corporation (PSE:SECB) has once again been named ThePhilippines’ Best Bank for Corporates at the latest Euromoney Awards for Excellence 2024. The award recognizes the exceptional performance of the Bank’s Wholesale Banking…
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Saudi investors expressed interest in Maharlika Investment Fund
by Air UrquiolaTwo of Saudi Arabia’s largest financial institutions, Public Investment Fund of the Kingdom of Saudi Arabia, Saudi’s sovereign wealth fund, and Jada have expressed interest in the Maharlika Investment Fund (MIF), the…
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Filipino Overseas Workers Boost Remittances to $3.1 Billion Amid Rising Commodity Prices
by Jade LopezFilipinos working abroad increased remittances by almost three percent to $3.1 billion in August, according to data from the Bangko Sentral ng Pilipinas (BSP). The surge in remittances is attributed…
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BPI’S REMARKABLE SUCCESS: MULTIPLE HONORS FOR MARKETING EXCELLENCE
Manila, Philippines – The Bank of the Philippine Islands (BPI) was recently awarded three golds and one silver in the 2022 Marketing Excellence Awards by Marketing-Interactive, which recognizes the best…
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EXPLORING INNOVATIVE FUNDING AVENUES: GOVERNMENT’S AMBITIOUS FINANCIAL VISION
by Jade LopezIn recent years, the Philippine government has been actively seeking various funding sources to finance its infrastructure projects. This move comes amid calls to reduce reliance on a single country…
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SINULOG FESTIVAL IS BACK: Cebu’s iconic Festival makes on-ground comeback with GCash
by Air UrquiolaGCash is pulling out all the stops to make the comeback of Cebu’s Sinulog Festival more meaningful this year. With the annual festival in full swing, GCash’s G na sa…
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Metrobank, PERA HUB boosts remittance channels nationwide
by Air UrquiolaMetropolitan Bank & Trust Co. (Metrobank) has expanded its partnership with PERA HUB of the Aboitiz Group to boost its remittance channels nationwide. Richard So, executive vice president and retail…
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LandBank launches ‘PISO’ for unbanked Filipinos
by MNLtoday.phLand Bank of the Philippines (Landbank) has developed a new product. In order to help more unbanked and underserved Filipinos —such as students, public utility vehicle drivers, vendors, domestic workers,…