Banking & Insurance

Group airs strong reservations on Land Bank capital contribution to MIF

Activist group Kilusang Magbubukid ng Pilipinas (KMP) has grave concerns on the proposed capital infusion by the Landbank of the Philippines to the Maharlika...

Digital bank executive goes online to meet depositors

GoTyme Bank recently gathered members of its Facebook community to personally field suggestions on what features they’d like to see on its app as...

Abusive debt collection practices prove the undoing of online lender

The Securities and Exchange Commission on Monday bared coming down hard on an online lender for abuses allegedly committed while lending. The regulator seized computer...

BSP warns of danger in exchanging ATM card info for loans

The Bangko Sentral ng Pilipinas (BSP) advises automated teller machine (ATM) cardholders to refrain from participating in “sangla-ATM” schemes which require them to use their ATM cards and...

Combination peso, foreign currency loans underwrite ACEN Corp capex program

Ayala Corporation subsidiary ACEN Corp. has taken out a combination local- as well as foreign currency-denominated loans aggregating P7.8 billion more or less as...

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