Banking & Insurance
Treasury upsizes T-bill, awards P17 billion amid strong demand, lower rates
The Bureau of the Treasury accepted a total P17 billion of bids at the auction of treasury bills Monday, taking advantage of lower rates and strong demand from the market.
Security Bank SB peso bond and SB Philippine Equity Index win Best Funds Awards
The Charter Financial Analyst (CFA) Society Philippines awarded Security Bank Corp. with two trophies at the 9th Annual Best Managed Fund of the Year...
RCBC 1Q net down to half on absence of substantial asset sale gain
Rizal Commercial Banking Corp., the lender owned by the Yuchengco Group and the 6th largest in the country by assets, said Monday net income dropped to P2.20 billion in the first-quarter from P3.64 billion in the year-earlier period, when the bank booked P3.35 billion in asset sales.
RCBC taps DMW in OFW-centric financial, digital literacy program
The Rizal Commercial Banking Corporation (RCBC) has embarked on a financial and digital literacy program for overseas Filipino workers in collaboration with the Department of Migrant Workers (DMW).
PBB earnings lifted by interest income, trading gains, lower impairment losses
The Philippine Business Bank said first-quarter net income rose 4.6 percent to P511.5 million, aided by a steady growth in interest and fee-based income, lower impairment losses, and strong trading gains.
