Banking & Insurance
Asialink Finance, IFC partners in $130 million deal boosting women entrepreneur MSME lending
Asialink Finance Corporation (AFC), a major financne player, has secured a USD130 million investment from the International Finance Corporation (IFC), the World Bank Group's private-sector arm.
RCBC sets terms of USD bond issue; pricing later Tuesday
Rizal Commercial Banking Corp., the Philippines' sixth-largest bank by assets, on Tuesday set the terms of the benchmark-sized US dollar-denominated senior unsecured sustainability notes it plans to issue on 28 January.
Treasury bill yield eases at Monday auction on strong demand
Treasury bill rates averaged lower at Monday’s auction, with demand for short-term debt papers driven higher by anticipation of further monetary policy easing by the Bangko Sentral ng Pilipinas.
RCBC plans USD bond issuance to support sustainability
Rizal Commercial Banking Corp., the Philippines' sixth-largest bank by assets, scheduled on Monday a marketing call with fixed-income investors on its plan to issue benchmark-sized USD senior unsecured sustainability notes.
Pru Life UK partners with Islamic bank in promoting takaful in PH
Takaful licensed Pru Life UK on Monday announced a strategic partnership with Al Amanah Islamic Investment Bank of the Philippines (AAIIBP) to promote Shariah-compliant insurance products and enhance financial inclusion, particularly in Muslim-majority regions like the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM).
