Saturday, 26 July 2025, 6:32 pm

    Banking & Insurance

    BDO Unibank powers past ₱1T in green financing

    BDO Unibank Inc. has surpassed ₱1.04 trillion in sustainable financing since launching its Sustainable Finance Program in 2010, marking a significant milestone in its commitment to inclusive growth, environmental responsibility, and long-term economic resilience. The bank’s financing efforts span critical sectors such as energy, infrastructure, water, transportation, and community development.

    Fresh River Lakes secures ₱15-B loan facility

    Fresh River Lakes Corp. (FRLC), a wholly owned subsidiary of First Gen Corp., has secured a total of P15 billion in loan facilities from three major Philippine banks—BDO Unibank Inc. (BDO), Bank of the Philippine Islands (BPI), and Rizal Commercial Banking Corp. (RCBC). 

    “No new tax, just fairer rules”

    The Department of Finance (DOF) has debunked misinformation surrounding the Capital Markets Efficiency Promotion Act or CMEPA, clarifying that the law does not impose a new tax, but rather standardizes existing rates to correct long standing inequities in the tax system.

    Shari’ah-compliant bonds touted as tool for inclusion

    The Bangko Sentral ng Pilipinas (BSP), through the Islamic Finance Coordination Forum (IFCF), hosted the “Stakeholders’ Forum on Domestic Sukuk Issuance” to expand access to financing for Muslim-owned enterprises by promoting Sukuk, or Islamic bonds.

    BSP honors institutional partners in 2025 OBSAC

    The Bangko Sentral ng Pilipinas (BSP) recognized 18 institutional partners of its head office during the 2025 Outstanding BSP Stakeholders Appreciation Ceremony (OBSAC) held on 18 July.

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