Banking & Insurance
GSIS ready to help members, pensioners affected by Surigao Del Sur quake
Government Service Insurance System (GSIS) president and general manager Wick Veloso announced that the GSIS is prepared to extend emergency loans to members and pensioners in CARAGA Region, Mindanao who were adversely affected by the 7.4 earthquake that rocked Surigao Del Sur last Saturday, 2 December.
Metrobank wins second citation as Best Bank of the Year from The Banker
Metropolitan Bank & Trust Co. (Metrobank) consistently demonstrates financial strength as it brings home the 2023 Best Bank of the Year award from The Banker for the second consecutive year.
SEC launches framework for blue bond sales
The Securities and Exchange Commission on Tuesday bared the framework for the issuance of so-called blue bonds, a relatively new instrument supporting investments in healthy oceans and other “blue” economies.
Treasury bill yields rise at auction after sharp fall in rates last week
The Bureau of the Treasury (BTr) allowed treasury bill yields to rise at Monday’s auction, allowing some correction in the yield curb following the sharp drop in average rates last week.
Union Bank raises P18.17Bfrom two-tranche bond sale
Union Bank of the Philippines said Monday it raised P18.17 billion through the issuance peso-denominated fixed rate bonds, a dual tranche offering that received strong demand from both retail and institutional investors.
