Banking & Insurance

Pueblo de Oro inks P500-M term loan with DBP

Pueblo De Oro Development Corporation (PDO), the residential development arm of the ICCP Group, has signed a P500-million term loan agreement with the Development...

FDC allots P35 billion as capex this year

Filinvest Development Corp., the holding firm of the Gotianun group, has set aside P35 billion in capital expenditures this year.  FDC president and CEO Josephine...

SEC releases IRR on Financial Products and Services Consumer Protection Act

The Securities and Exchange Commission has released the implementing rules and regulations of Republic Act No. 11765, or the Financial Products and Services Consumer...

BSP, DA-CAR sign MOA on Paleng-QR Ph Plus

Farmers and other agricultural producers in the Cordillera region are joining the Paleng-QR Ph Plus program of the Bangko Sentral ng Pilipinas (BSP). The BSP...

BSP introduces modified minimum capital for Islamic banking units

The Bangko Sentral ng Pilipinas has approved the modified minimum capitalization requirement for conventional banks with Islamic banking unit (IBU).  This policy provides more...

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