Banking & Insurance
Bank of Commerce launches P5B dual-tranche bonds
Bank of Commerce, the lending affiliate of San Miguel Corp., has launched the public offering for its dual-tranche fixed-rate bonds, aiming to raise at least P5 billion.
EastWest Bank optimistic on corporate sector expansion amid lower interest rates
EastWest Bank is projecting a positive outlook for the corporate sector this year, driven by expected improvements in corporate earnings, lower consumer prices, and a reduction in interest rates by the central bank.
Treasury bill yields eased further at Monday’s auction
The average rates on treasury bills (T-bills) dropped at Monday’s auction, as strong demand pushed yields lower amid expectations of further monetary easing, following President Donald Trump’s call for additional interest rate cuts by the Federal Reserve.
Land Bank launches ASCEND program
The Land Bank of the Philippines has launched its Agri-Fishery Support thru Capability Enhancement for Nationwide Development (ASCEND) Program, aimed at providing annual support to at least 10,000 small farmers, fishers, and agrarian reform beneficiaries (ARBs) nationwide.
CICC warns of loan scams targeting BPI customers
The Cybercrime Investigation and Coordinating Center (CICC) is warning the public about an ongoing loan scam targeting customers of the Bank of Philippine Islands (BPI) through social media and SMS messages.
