Banking & Insurance
BDO backs Richli Water expansion to address Bohol water crisis
BDO Unibank Inc. (BDO), the country's largest bank by assets, has financed the expansion of Richli Water, a Tagbilaran-based utility firm, in a move that highlights the rising importance of sustainable infrastructure investment in addressing water scarcity.
Maya Bank earns Best Overall Bank in PH citation by Forbes
Maya Bank has been named the Best Overall Bank in the Philippines by Forbes magazine, and the country’s top digital bank by The Banker, a publication of the Financial Times, marking a significant milestone for the fintech-driven institution and cementing its position at the forefront of the country’s rapidly evolving banking landscape.
SMC power arm backs P50B loan for Bataan Power
San Miguel Global Power Holdings Corp., the energy subsidiary of conglomerate San Miguel Corp. (SMC), has stepped in as sponsor and security grantor for a massive omnibus loan and security agreement worth up to ₱50 billion, benefiting its affiliate Mariveles Power Generation Corp.
Treasury cancels April 22 bond auction due to FXTN offer
The Bureau of Treasury has cancelled the auction of 15-year treasury bonds scheduled on 22 April to make way for the offering of 10-year...
Pru Life UK scales Islamic education program, advance takaful strategy
Pru Life UK is significantly expanding its Adopt-a-Madrasah initiative in Mindanao, strengthening its market position and commercial strategy as the country's first licensed takaful operator.
