Banking & Insurance
BSP projects December inflation ranging from 3.6% to 4.4%
Notably lower prices of farm products as vegetables, fruits and fish helped slow inflation in December to as low as 3.6 percent, the Bangko Sentral ng Pilipinas said on Friday.
CitySavings deploys bank-on-wheels program
City Savings Bank (CitySavings), the thrift bank subsidiary of Aboitiz-led Union Bank of the Philippines (UnionBank), has deployed its groundbreaking bank-on-wheels (BOW) mobile kiosk program. The BOW services underserved regions in the Visayas and Mindanao and designated areas in Metro Manila.
National Treasury to auction next week P45B treasury bills, bonds
The National Treasury will auction next week a total P45 billion worth of treasury bills and bonds as part of fund-raising to efforts for budgetary support.
PNB donates computers to students of Cavite State University
The Philippine National Bank does not merely throw away used computers but repurpose and donate them instead to institutions of learning and other entities such as the Cavite State University.
Court convicts officer of Batangas RB for fraud
The Regional Trial Court of Makati City has convicted a former officer of the closed Rural Bank of Mabini (Batangas), Inc. (RB Mabini) for violating the General Banking Law of 2000 and the New Central Bank Act.
