Banking & Insurance
IMF chief says rules, infrastructure needed to prevent crypto risks
The head of International Monetary Fund (IMF) said on Thursday that crypto currencies need to be regulated with rules and infrastructure because they pose risks to financial stability.
Consumer loans eases to 22.8 percent in October
Consumer loans continued to expand in October this year but at a slower pace of only 22.8 percent from 23.5 percent in September, the Bangko Sentral ng Pilipinas (BSP) reported on Wednesday.
Alternergy mandates BDO Capital as lead arranger of P4B bond issue
Alternergy Holdings Corp.said Wednesday its board has mandated BDO Capital & Investment Corp. lead arranger for a green bond issue of up to P4 billion.
Manila Water secures P10B loan from Metrobank
Manila Water Co. Inc., has secured a 10-year P10 billion term loan facility with the Metropolitan Bank and Trust Co. to finance its capital projects this year and next.
OwnBank offers depositors interest savings up to 8% per annum
Cavite-based OwnBank seeks to boost its depositors' money management by extending more rewarding and secure financial solutions.
