Security Bank Corp. has completed the acquisition of a 25-percent stake in consumer finance giant HC Consumer Finance Philippines Inc. (Home Credit Philippines) from its strategic partner MUFG Bank Ltd.,…
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Banking and Finance
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RANG-AY BANK: 70 YEARS OF EXCELLENCE AND TRUSTED SERVICE
by MNLtoday.phFor seven decades, Rang-ay Bank has stood as a pillar of financial stability and a steadfast partner in the progress of communities across the Ilocos and Cordillera regions. Founded on…
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INVESTING IN OUR FUTURE: RANG-AY BANK’S COMMITMENT TO HELPING THE BUSINESS AND ECONOMY OF THE NORTH
by MNLtoday.phRang-ay Bank, the rural bank of choice in Northern Luzon, has long established its commitment in the financial landscape. Founded on January 16, 1956, by visionary Ilocano leaders Doña Numeriana…
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Security Bank acquires 25% in Home Credit
by Air UrquiolaSECURITY 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 MNLtoday.phFilipinos 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
by MNLtoday.phManila, 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 MNLtoday.phIn 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…