Banking & Insurance
Cryptocurrency guidelines in the works – Recto
The regulators are crafting the guidelines helping shield cryptocurrency investors from fraudsters and other market actors who take advantage of the unwitting and the unsophisticated, Finance Secretary Ralph Recto said.
BTr reissues bond due 2030 at average rate of 6.237%
The National Treasury awarded in full the P30 billion worth of 7-year treasury bonds it offered at the auction Tuesday.
Court convicts fictitious loan borrower of closed bank
The Municipal Circuit Trial Court of Alfonso-General Aguinaldo, Cavite convicted Angelina Vidallon Romasanta for violating the Revised Penal Code in relation to a fictitious loan with the closed Community Bank (Rural Bank of Alfonso, Inc.) (CBRBAI).
Metrobank is the Best Bank for Ultra High-Net-Worth Filipinos
The Metropolitan Bank & Trust Co. (Metrobank) remains the preferred bank for affluent Filipinos as it receives the Best Bank for the ultra high-net-worth (UHNW) award at the Euromoney Global Private Banking Awards 2024.
Chinabank Capital wins Best Bond Adviser eight times in series
Chinabank Capital was again named as the Best Bond Adviser in the Philippines by The Asset. Winning the title for the 8th straight year, Chinabank Capital remains unmatched by local investment houses in effectively structuring and efficiently executing capital market deals, and in delivering best-in-class investment banking services to issuers and investors.
