Banking & Insurance
BTr raises P30B at auction for January budget support
The Bureau of the Treasury (BTr) raised the full offer amount of P30 billion at the sale Wednesday of three-year Treasury bonds amid strong demand after several weeks of cancelled auctions.
GoTyme Bank rounds 2023 with P10 billion in deposits
"A shoutout to all you wonderful humans out there. Domo arigato to our GoTyme Bank colleagues for reaching 2 million customers and 10 billion pesos in deposits in 14 months!" the executive at one of the country's largest conglomerates said in his social media account, LinkedIn.
New AXA REIT fund brings prime global real estate to PH investors
Real estate investment trust (REIT) funds have emerged as a powerful force, offering investors passive income streams, portfolio diversification, and access to the global real estate market.
BSP projects December inflation ranging from 3.6% to 4.4%
Notably lower prices of farm products as vegetables, fruits and fish helped slow inflation in December to as low as 3.6 percent, the Bangko Sentral ng Pilipinas said on Friday.
CitySavings deploys bank-on-wheels program
City Savings Bank (CitySavings), the thrift bank subsidiary of Aboitiz-led Union Bank of the Philippines (UnionBank), has deployed its groundbreaking bank-on-wheels (BOW) mobile kiosk program. The BOW services underserved regions in the Visayas and Mindanao and designated areas in Metro Manila.
