Banking & Insurance
BPI taps Euronet Worldwide to expand ATM Network into Southeast Asia
Ayala-led Bank of the Philippine Islands (BPI) has tapped Euronet Worldwide Inc., to enhance its ATM infrastructure to better serve customers who still rely on cash.
BDO bags 2 major international awards for 2nd straight year
Sy-led BDO Unibank Inc. (BDO) was named Industry Champion of the Year and Top Sustainability Advocate in Asia, both for the second time at the 2022 Asia Corporate Excellence & Sustainability (ACES) Awards in Kuala Lumpur, Malaysia.
Unlicensed preneed and insurance firms earn IC ire for unauthorized products
The Insurance Commission (IC) recently issued cease and desist orders (CDOs) against entities found to have conducted business without the necessary license.
One of the...
BSP offering Tagbilaran City with digital currency and sweep it clean of torn, tattered peso bills
The Bangko Sentral ng Pilipinas (BSP) Visayas Regional Office (VRO) offered currency exchange services in Tagbilaran City to encourage the public to replace their unfit banknotes...
Philippine Business Bank Completes P1.25B Private Placement, Gears Up For P500M Rights Offer
Philippine Business Bank said on Friday that the subscription to 125 million shares that were privately placed last year with the bank’s principal shareholders have been completed, setting up the second part of a plan to raise its authorized capital by P1.75 billion and increase lending activity.
