Banking & Insurance
RCBC raises $350M from 5-year notes with 5.375% coupon
Rizal Commercial Banking Corp., the country's sixth-largest bank by assets, said on Wednesday it successfully priced a 5-year bond that will raise USD350 million, marking its return to the international USD-denominated debt market.
CIMB Bank PH generates P60-B new deposits with 25% interest rate promo
CIMB Bank Philippines, a digital-only bank, attracted P60 billion in new deposits in just two months under a promotional campaign offering a 25 percent annual return on customer deposits.
Meralco secures P75B credit line for energy expansion
The Manila Electric Co. (Meralco) has secured a P75 billion credit facility to finance key investments, including the acquisition of energy assets and other corporate initiatives.
Asialink Finance, IFC partners in $130 million deal boosting women entrepreneur MSME lending
Asialink Finance Corporation (AFC), a major financne player, has secured a USD130 million investment from the International Finance Corporation (IFC), the World Bank Group's private-sector arm.
RCBC sets terms of USD bond issue; pricing later Tuesday
Rizal Commercial Banking Corp., the Philippines' sixth-largest bank by assets, on Tuesday set the terms of the benchmark-sized US dollar-denominated senior unsecured sustainability notes it plans to issue on 28 January.
