Banking & Insurance
GCG to submit recommendation on Landbank and DBP merger
The Governance Commission on GOCCs (GCG) on Thursday vowed to act quickly and submit its recommendation on the proposed merger of the Land Bank...
Bankers elect BPI prexy as BAP president
Bank of the Philippine Islands president TG Limcaoco has been elected to lead the Bankers Association of the Philippines (BAP) amid uncertainties brought about by elevated inflation and the banking crisis in the US and Europe.
BPI to acquire Diamond Group’s auto leasing, rental services providers
A joint venture between Ayala-led bank of the Philippine Islands and Tokyo Century Corp. (TCC) is acquiring the auto leasing and rental services business of the Diamond Group that will transform fleet management in the Philippines.
Land Bank bats for banking supremacy
Land Bank of the Philippines may overtake the Sy-led BDO Unibank Inc. as the country’s largest bank after President Marcos approved the proposed merger of the two state-owner lenders.
RCBC rewards shareholders with P2.2B cash dividend
Yuchengco-owned Rizal Commercial Banking Corp. (RCBC) is spending approximately P2.2 billion to reward holders of common shares and preferred shares with cash dividends.
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