Banking & Insurance
RCBC sees loan portfolio surging to P160-B this year
The Rizal Commercial Banking Corp. (RCBC) projects a 27 percent surge in its total loan portfolio (TLP) from P126 billion in 2023 to P160 billion this year, driven largely by targeted campaigns and innovative special programs.
Over US$700 Million Invested in digital banking sector
Global and local investors have poured over USD700 million into the digital banking sector, setting a new milestone that underscores the industry's robust growth and its potential to reshape the digital financial landscape.
Treasury bill yields continue rise; P15B offer awarded in full
Treasury bill rates crawled higher at the auction Monday with still building inflationary pressure affecting market sentiment.
No more new coal plant lending for BDO
Banco De Oro Universal Bank (BDO Unibank) on Friday bared a new policy against financing the construction of new coal-fired power plants as a matter of course going forward.
Consumer lending propels EastWest Bank earnings in 2023
The decision last year of the Gotianun Group’s EastWest Bank to focus on consumer lending and growing its deposit base paid handsome dividends as this helped lift net income by 32 percent to P6.1 billion.
