Banking & Insurance
Telco helping empower farmers, fisherfolk with non-collateralized loans
GCash, Globe's mobile wallet, has tapped Farm Konekt to provide farmers and fishermen access to non-collateralized loans powered by its credit arm, Fuse Lending.
Security Bank posts 11% more 1Q profits to P2.6 billion
Security Bank has posted a net profit of P2.6 billion in the first three months of the year that officials attribute to the expansion...
Bank of Commerce earnings lift from interest, fee-based income
Bank of Commerce, the banking affiliate of San Miguel Corp., posted an 8 percent growth in first-quarter net income to P769.2 million, helped by increases in interest and fee-based income and prudent spending.
BTr rejects most bids at Tuesday’s bond auction
The Bureau of the Treasury on Tuesday rejected most tenders at the auction of treasury bonds (T-bonds) due January 2039 as most bids sought higher yields.
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.
