Banking & Insurance
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).
Metrobank is the Best Bank for Ultra High-Net-Worth Filipinos
The Metropolitan Bank & Trust Co. (Metrobank) remains the preferred bank for affluent Filipinos as it receives the Best Bank for the ultra high-net-worth (UHNW) award at the Euromoney Global Private Banking Awards 2024.
Chinabank Capital wins Best Bond Adviser eight times in series
Chinabank Capital was again named as the Best Bond Adviser in the Philippines by The Asset. Winning the title for the 8th straight year, Chinabank Capital remains unmatched by local investment houses in effectively structuring and efficiently executing capital market deals, and in delivering best-in-class investment banking services to issuers and investors.
Treasury bill yields lower at Monday’s auction
Treasury bill yields were lower at the auction Monday, with demand for short-term debt paper rising ahead of the interest rate-setting meeting of the Bangko Sentral ng Pilipinas.
BSP boosts financial education for students, teachers
The Bangko Sentral ng Pilipinas (BSP) has reaffirmed its commitment to strengthen financial education for students and teachers at a meeting with the Department of Education (DepEd) and the BDO Foundation at the DepEd Central Office in Pasig City.
