Banking & Insurance
7-year bond offer attracts over P100B bids
The Bureau of the Treasury attracted bids totaling P107.1 billion for the 7-year paper it offered at the auction Tuesday.
Former Finance Sec. Diokno seventh man at MB
Former Finance Secretary Benjamin E. Diokno has been appointed as a full-time member of the Monetary Board for a six-year term effective 15 January 2024, after having served as chief of the Department of Finance.
Treasury bill yields rise at auction; P15 billion offer awarded in full
The Bureau of the Treasury allowed treasury bill yields to move higher as it awarded the entire P15 billion it offered at Monday’s auction
CIMB Bank earns ‘Most Trusted Bank’ citations from prestigious institutions
The new year has set CIMB Bank Philippines off to a good start having recently been cited as the Most Trusted Bank in the Philippines by the award-giving bodies Global Business & Finance Magazine and The Enterprise’s EPOCH Awards. The citations are testament to CIMB’s brand of service to its 7.5 million customers in the Philippines since 2018.
Bank loans accelerate 7 percent in November
The various banks extended loans 7.4 percent higher in November last year aggregating P11.1 trillion, the Bangko Sentral ng Pilipinas (BSP) said, citing preliminary data.
