Banking & Insurance
Court convicts officer of Batangas RB for fraud
The Regional Trial Court of Makati City has convicted a former officer of the closed Rural Bank of Mabini (Batangas), Inc. (RB Mabini) for violating the General Banking Law of 2000 and the New Central Bank Act.
MSMEs urged to use digitized financial tools
Micro, small and medium enterprises (MSMEs) are advised to utilize digitized financial tools to boost their efficiency while accessing financing they need to succeed.
PhilRating assigns Nat Re PRS A rating, stable outlook
National Reinsurance Corp. of the Philippines, the only professional reinsurer in the country, said Friday that it was assigned by the Philippine Rating Service Corp. a financial strength rating of PRS A, with a stable outlook.
Chinabank expands RippleNet partners with DeeMoney
Chinabank has broadened its global remittance tie-ups to serve Filipinos anywhere in the world using the RippleNet platform.
NLEX taps BPI for P10 billion
NLEX Corp. has obtained a P10 billion term loan from the Bank of the Philippine Islands (BPI) to fund ongoing as well as future projects.
