Banking & Insurance
BDO partners with Ashikaga Bank to boost Japanese investments in PH
BDO Unibank Inc. (BDO) has strengthened its position as a key player in supporting foreign business growth in the Philippines through a new partnership with Japan’s Ashikaga Bank, Ltd. (ABL).
Uncertainty in Asian equity markets signals need for cautious investment, Manulife says
Manulife Investment Management on Wednesday highlighted the prevailing uncertainty in Asia's equity markets as 2025 begins, driven by a mix of geopolitical tensions, leadership transitions, and shifting fiscal and interest rate environments.
RCBC raises $350M from 5-year notes with 5.375% coupon
Rizal Commercial Banking Corp., the country's sixth-largest bank by assets, said on Wednesday it successfully priced a 5-year bond that will raise USD350 million, marking its return to the international USD-denominated debt market.
CIMB Bank PH generates P60-B new deposits with 25% interest rate promo
CIMB Bank Philippines, a digital-only bank, attracted P60 billion in new deposits in just two months under a promotional campaign offering a 25 percent annual return on customer deposits.
Meralco secures P75B credit line for energy expansion
The Manila Electric Co. (Meralco) has secured a P75 billion credit facility to finance key investments, including the acquisition of energy assets and other corporate initiatives.
