Banking & Insurance
Recto plans a return to samurai, global bond markets within the year
Finance Secretary Ralph Recto on Monday acknowledged considering the sale of samurai bonds and a return to the global bond market with a US dollar-denominated IOU within the year.
Treasury bill yields marginally higher on inflation concern after wage hike
Treasury bill yields were marginally higher at the auction Monday, with the market awaiting the impact on inflation of the latest minimum wage hike in Metro Manila and a fresh round of increases in fuel prices.
Security Bank seeks to raise P5 billion from fixed-rate peso bond offer
Security Bank Corp. on Monday launched a five-year, fixed-rate peso bond that seeks to raise at least P5 billion.
EastWest Bank’s mobile banking app wins at Asian Banking and Finance Awards 2024
EastWest Bank gained recognition at the Asian Banking and Finance Awards 2024 and awarded the Mobile Banking and Payment Initiative of the Year for its innovative EastWest System Tech Assistant (ESTA) in ceremonies taking place 4 July 2024 at the Marina Bay Sands Expo & Convention Center Singapore for its groundbreaking contributions to the digital banking landscape in the Philippines.
Recto headlines EJAP-SMC annual mid-year economic forum
The Economic Journalists Association of the Philippines (EJAP), the country’s premier organization of business journalists, in partnership with diversified conglomerate San Miguel Corp. (SMC), will hold its annual mid-year economic forum.
