Banking & Insurance
BSP warns of danger in exchanging ATM card info for loans
The Bangko Sentral ng Pilipinas (BSP) advises automated teller machine (ATM) cardholders to refrain from participating in “sangla-ATM” schemes which require them to use their ATM cards and...
Combination peso, foreign currency loans underwrite ACEN Corp capex program
Ayala Corporation subsidiary ACEN Corp. has taken out a combination local- as well as foreign currency-denominated loans aggregating P7.8 billion more or less as...
China Bank earns prestigious citation
The prestigious business publication The Asset has cited China Bank’s Manila branch best bank for renminbi transactions in 2022.
The Asset is a widely recognized...
‘Lenders with heft, scale trumped by smaller tech-boosted agile banks’
Earning a reputation as one of the fastest-growing publicly listed universal lenders is no small feat for this lender given the series of crises...
RCBC trust unit books P147-billion 1Q AUM
Yuchengco-led Rizal Commercial Banking Corp. on Tuesday bared having under its care assets totaling P147.49 billion at its trust unit as at end-March this...
