Banking & Insurance
ADB, HSBC, Security Bank Lend USD115M to Asialink for SME Growth
The Asian Development Bank, HSBC, and Security Bank Capital Investment Corp. have joined forces to lend USD115 million to Asialink Finance Corp. to fuel the growth of small and medium-sized enterprises in the Philippines, with a special focus on women-led businesses.
BSP confirms heroic banknotes still in circulation, alongside new polymer series
The Bangko Sentral ng Pilipinas (BSP) has reassured the public that Philippine banknotes featuring national heroes will continue to circulate, even as the central...
BSP unveils new polymer banknote series
President Ferdinand R. Marcos Jr. received the new "First Philippine Polymer Banknote Series" from Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. in a ceremony at Malacañang on Thursday.
Alternergy pays GSIS dividend of P117.93 million
Local renewable energy firm Alternergy Holdings Corp. has paid the Government Service Insurance System (GSIS) P117.93 million its first annual dividend payment as a perpetual preferred shareholder.
Apex Mining secures foreign currency loan to fund acquisition and strengthen operations
Listed Apex Mining Co. Inc. has secured a $108 million omnibus loan and security agreement (OLSA) with the Philippine National Bank (PNB) and the Bank of Commerce.
