Banking & Insurance
PH1 World secures P500 million loan from BPI
PH1 World Developers Inc., the property development arm of publicly-listed Megawide Construction Corp., on Tuesday took out a P500 million loan from Ayala-led Bank of the Philippine Islands for the development of its property in San Jose Del Monte, Bulacan.
Digital lender assures hassle-free transactions under QR PH pact
Digital lending service provider Digido on Tuesday announced the integration of QR Ph into its payment system under a partnership with Dragonpay.
Treasury bill yields higher at auction as market awaits July inflation data
Treasury bill yields were slightly higher at the auction Monday as the market awaits July inflation data, which would provide an additional clue on whether the Bangko Sentral ng Pilipinas would finally cut interest rates next month.
Better interest margins lift Philippine National Bank net income to P10.3 Billion in 1H
The Philippine National Bank, the country’s 7th largest lender by assets, said Monday net income in the first half rose 5.6 percent to P10.3...
UnionBank 1H net profit drop to P5.07 billion on credit losses provision
Union Bank of the Philippines, the country's 9th largest lender by assets, said Monday net income in the first half dropped to P5.07 billion...
