Banking & Insurance
Average rates on shorter-dated treasury bills higher at Monday’s auction
Yield on shorter-dated treasury bills rose at the auction Monday, days after the Philippine Statistics Authority reported that July inflation overshot the Bangko Sentral ng Pilipinas target range of 2 percent to 4 percent.
RCBC supports responsible credit card use among young Filipinos
The Rizal Commercial Banking Corp. (RCBC) is actively advocating for responsible credit card use among young adults.
BPI Cebu Main branch declared an important cultural property
Representatives from the National Museum of the Philippines (NMP) and the National Commission for Culture and the Arts (NCCA) recently unveiled a marker declaring the building of BPI Cebu Main branch as an Important Cultural Property (ICP).
EastWest Bank posts first half net income of P3.5 billion
EastWest Banking Corp. reported P3.5 billion in net income in the first half of 2024 on the back of consistent core revenue growth from a bigger asset base and higher yields.
BPI lists P33.7 billion SEED bonds on Philippine bond exchange
The Bank of the Philippine Islands on Friday issued and listed its P33.7-billion, peso-denominated fixed-rate BPI Sustainable, Environmental, and Equitable Development bonds due 2026, whose proceeds will be used to fund or refinance new and existing green and social projects.
