Banking & Insurance
Security Bank expands branch network to boost regional reach
Security Bank Corp. has announced the expansion of its branch network with the opening of a new branch in San Mateo, Rizal, and the formal inauguration of its Batac, Ilocos Norte and Ipil, Zamboanga Sibugay locations.
BDO backs Richli Water expansion to address Bohol water crisis
BDO Unibank Inc. (BDO), the country's largest bank by assets, has financed the expansion of Richli Water, a Tagbilaran-based utility firm, in a move that highlights the rising importance of sustainable infrastructure investment in addressing water scarcity.
Maya Bank earns Best Overall Bank in PH citation by Forbes
Maya Bank has been named the Best Overall Bank in the Philippines by Forbes magazine, and the country’s top digital bank by The Banker, a publication of the Financial Times, marking a significant milestone for the fintech-driven institution and cementing its position at the forefront of the country’s rapidly evolving banking landscape.
SMC power arm backs P50B loan for Bataan Power
San Miguel Global Power Holdings Corp., the energy subsidiary of conglomerate San Miguel Corp. (SMC), has stepped in as sponsor and security grantor for a massive omnibus loan and security agreement worth up to ₱50 billion, benefiting its affiliate Mariveles Power Generation Corp.
Treasury cancels April 22 bond auction due to FXTN offer
The Bureau of Treasury has cancelled the auction of 15-year treasury bonds scheduled on 22 April to make way for the offering of 10-year...
