Banking & Insurance
Security Bank, Dr. Bidder team up to streamline medical equipment financing
Modern medical equipment is vital to delivering quality healthcare, but its high cost remains a major barrier for many hospitals and care providers. To bridge this gap, Security Bank has partnered with healthcare procurement platform Dr. Bidder to offer streamlined financing options for equipment purchases, combining procurement and funding into a single, simpler process.
Security Bank targets wealth, entrepreneurs for growth
Security Bank Corp. is putting three customer groups at the center of its next growth push, wealthy clients, entrepreneurs, and corporate and institutional customers.
SMFL expands Philippine footprint with RCBC stake
Sumitomo Mitsui Finance and Leasing Co. Ltd. (SMFL) is expanding its Philippine footprint after completing the acquisition of a 30 percent stake in RCBC Leasing & Finance Corp. (RLFC), positioning the Japanese financial services group to tap growing demand for leasing and asset financing.
Manulife, Chinabank renew bancassurance tie; MCBL marks new milestone
Manulife president and chief executive officer Phil Witherington visited Manila recently to meet with Chinabank’s executive leadership, highlighting the deepening long-standing bancassurance partnership between the two firms through Manulife China Bank Life Assurance Corporation (MCBL).
Allianz PNB Life nearly doubles first-half new business
Allianz PNB Life (AZPNBL) nearly doubled new business in the first half of 2026, lifting the insurer to third place in the Philippine life insurance industry as it marked its 10th year of operations.
