Banking & Insurance
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.
Maya named PH’s Best Digital Bank in top global recognitions
Maya has earned top global awards for revolutionizing banking for Filipinos, from the unbanked to the unhappily banked.
T-bonds average lower at auction compared to secondary market
Treasury bond rates auctioned Tuesday proved lower compared to prevailing rates in the secondary market, underscoring the market’s outlook for longer-term interest rates.
Security Bank ends bond offer early as demand surges; listing set Aug 20
Security Bank Corp., the country’s 8th largest lender by assets, said Tuesday it has concluded its bond offering period ahead of schedule due to overwhelming demand and favorable market conditions. The bond offer was originally scheduled to close on August 13.
