Banking & Insurance
GSIS inaugurates new QC branch office
GSIS president and general manager Arnulfo “Wick” Veloso and Quezon City mayor Joy Belmonte officially open the newly constructed GSIS QC office building along...
Allowable PERA contributions increase twofold
The authorities have allowed the maximum annual contribution to the Personal Equity and Retirement Account (PERA) to double consistent with efforts to encourage more Filipinos to prepare for retirement through the program.
Security Bank boosts MSME support with new Business Banking Segment
Security Bank joins the SME Finance Forum as the newest partner of the global membership network whose members include finance experts from 80 countries looking to widen access for small businesses worldwide through knowledge exchange and innovation.
Pilipinas Shell secures P9-B loan from 2 of country’s largest lenders
Pilipinas Shell Petroleum Corp. (PSPC) has secured a five-year, P9 billion term loan from two of the country’s largest lenders, the Bank of the Philippines Islands (BPI) and Metropolitan Bank and Trust Co (Metrobank).
PS Bank more than doubles 2022 income to P3.68B
The Philippine Savings Bank, the thrift banking arm of the Metrobank Group, more than doubled its 2022 net income to P3.68 billion from only P1.54 billion the previous year.
