Banking & Insurance
BDO declares property dividend, lifts dividend rate for common shares
BDO Unibank, the country’s largest lender by assets, said Friday its board approved an increase in regular cash dividend and the declaration of property dividends.
GCash claims having nearly 500k GStocks subscribers
G-Xchange Inc., which owns GCash, on Thursday claimed nearly half a million users of its GStocks as it ramped up the reach of its stock investment platform.
Two-month cash remittances rise 2.8% to $6.1 billion
The personal remittances of overseas Filipinos, an important source of liquidity helping drive consumption activities, grew 3 percent in February this year to USD2.95 billion.
BTr rejects all tenders for 20-year debt
The Bureau of the Treasury rejected all the bids for the bonds, originally issued as 20-year debt, refusing to allow the market to push yields higher.
MB green lights $2.87-billion public sector foreign borrowings in 1Q 2024
The policy-making Monetary Board of the Bangko Sentral ng Pilipinas (BSP) on Monday approved USD2.87 billion worth of foreign borrowings by the public sector in the first three months of the year.
