Banking & Insurance
BTr raises P584.86B from retail treasury bond offer
The Bureau of the Treasury (BTr) said Monday its raised a record P584.86 billion through the public offer of retail treasury bond (RTB), securing a large amount of funds the government needs to bridge the budget deficit gap.
PNB reports 55% rise in 2023 net profit to P18B on net interest gain
Philippine National Bank said Monday its net profit last year surged 55 percent to P18 billion on strong growth in net interest income and lower credit provisions.
BSP coin machines mark 145.5 million coins processed
The coin recirculation program of the Bangko Sentral ng Pilipinas (BSP) continues to gain public support as its coin deposit machines passed the 145.5 million mark in the number of coins received and processed as of 21 February 2024, or eight months after its launching in June 2023.
Treasury bond auction resumes on Tuesday after 2-week break
The Bureau of thel Treasury will resume next week the public offer of treasury bonds after a two-week hiatus to make way for the government's sale of 5-year retail treasury bonds.
BPI eyes optimal time to return to the debt market
The Bank of the Philippine Islands is watching the debt markets closely for that optimum moment when its entry best serves the need to...
