Banking & Insurance
Twice as much depositors use Maya Bank app in 2023
Maya Bank Inc., the fintech arm of PLDT Inc., on Tuesday reported doubling its depositors to 3 million last year, its deposits totaling P25 billion or 69 percent more than previous.
BTr to auction 5-year RTBs 13 February; initial offer amount P30B
The Bureau of the Treasury said Tuesday it is looking to raise at least P30 billion from the issuance this month of 5-year peso-denominated, fixed-rate retail treasury bonds (RTBs).
Treasury rejects all bids for P30B bonds to cap rate rise
The Bureau of the Treasury rejected all bids at the auction Tuesday of treasury bonds, which were originally issued as five-year debt due January 2029 at a coupon rate of 6.125 percent.
Twice as much depositors use Maya Bank app in 2023
Maya Bank Inc., the fintech arm of PLDT Inc., on Tuesday reported doubling its depositors to 3 million last year, its deposits totaling P25 billion or 69 percent more than previous.
Equities fall, yields jump after data and Powell comments
Shares on Wall Street and in Europe fell on Monday and government bond yields jumped as traders amended their expectations of a near-term U.S. interest rate cut.
