Banking & Insurance
Bank of Commerce earnings lift from interest, fee-based income
Bank of Commerce, the banking affiliate of San Miguel Corp., posted an 8 percent growth in first-quarter net income to P769.2 million, helped by increases in interest and fee-based income and prudent spending.
BTr rejects most bids at Tuesday’s bond auction
The Bureau of the Treasury on Tuesday rejected most tenders at the auction of treasury bonds (T-bonds) due January 2039 as most bids sought higher yields.
Treasury upsizes T-bill, awards P17 billion amid strong demand, lower rates
The Bureau of the Treasury accepted a total P17 billion of bids at the auction of treasury bills Monday, taking advantage of lower rates and strong demand from the market.
Security Bank SB peso bond and SB Philippine Equity Index win Best Funds Awards
The Charter Financial Analyst (CFA) Society Philippines awarded Security Bank Corp. with two trophies at the 9th Annual Best Managed Fund of the Year...
RCBC 1Q net down to half on absence of substantial asset sale gain
Rizal Commercial Banking Corp., the lender owned by the Yuchengco Group and the 6th largest in the country by assets, said Monday net income dropped to P2.20 billion in the first-quarter from P3.64 billion in the year-earlier period, when the bank booked P3.35 billion in asset sales.
