Banking & Insurance
National Treasury upsizes treasury bill award as strong demand tame yields
The Bureau of the Treasury awarded a total P17 billion worth of treasury bills at the auction Monday, P2 billion more than the offered amount as the auction committee took advantage of lower rates and strong demand.
Local lender scales up climate-friendly project with IFC help
Security Bank Corporation, one of the country's best capitalized private universal banks, is collaborating with the International Finance Corporation (IFC) to scale up its green financing business and strengthen its institutional framework to support the attainment of its sustainability goals.
Cryptocurrency guidelines in the works – Recto
The regulators are crafting the guidelines helping shield cryptocurrency investors from fraudsters and other market actors who take advantage of the unwitting and the unsophisticated, Finance Secretary Ralph Recto said.
BTr reissues bond due 2030 at average rate of 6.237%
The National Treasury awarded in full the P30 billion worth of 7-year treasury bonds it offered at the auction Tuesday.
Court convicts fictitious loan borrower of closed bank
The Municipal Circuit Trial Court of Alfonso-General Aguinaldo, Cavite convicted Angelina Vidallon Romasanta for violating the Revised Penal Code in relation to a fictitious loan with the closed Community Bank (Rural Bank of Alfonso, Inc.) (CBRBAI).
