Banking & Insurance
National Treasury awards in full P30B worth 10Y bonds in auction
The National Treasury awarded in full the P30 billion worth of Treasury bonds (T-bonds) due in August 2033, with total tenders at the Tuesday auction over 1.6 times the offered amount.
How Security Bank helped WeeComm grow into a lead property developer
When Cesar L. Wee, Jr. stepped away from his family’s successful business to start his own property development company, he needed to find a bank that was willing to give him the funding necessary to turn his real estate dreams into reality.
Non-bank financial institutions team up for SME lending
FundSpace, a loan aggregator under Globe’s 917Ventures, has teamed up with Esquire Financing, Inc., a leading non-collateral business loan provider, to provide financing solutions for small and medium-sized enterprises (SMEs).
Bayad, RCBC renew digital financial services pact
CIS Bayad Center, Inc. (Bayad), a pioneer in the outsourced payment collection systems in the country, has renewed its partnership with Rizal Commercial Banking Corporation (RCBC), enabling inclusive financial services through RCBC Diskartech and RCBC ATM Go.
CitySavings bares P100-B loan portfolio as continuing nod to financial inclusion
City Savings Bank, Inc. (CitySavings), the thrift bank arm of the UnionBank of the Philippines (UnionBank), on Tuesday bared the deployment of P100 billion to meet the loan requirement of its clients.
