The Bank of the Philippine Islands, the country’s third largest lender by assets, has listed its P40 billion Supporting Inclusion, Nature, and Growth (SINAG)...
The Bank of the Philippine Islands, the country’s third largest lender by assets, has announced the early closure of its public offering for the BPI Supporting Inclusion, Nature, and Growth (SINAG) Bonds, originally scheduled to run from May 20 to May 30.
The Bank of the Philippine Islands (BPI) has launched the BPI SINAG Bonds—its first issuance under a P200-billion bond and commercial paper program—with an initial offer size of P5 billion, and an option to increase based on investor demand.
The Bank of the Philippine Islands (BPI) reported a net income of ₱16.6 billion for the first quarter as strong revenue growth offset increased operating expenses and provisions for credit losses.
ACE Corp., the renewable energy arm of the Ayala Group, announced that its subsidiary, GIGA ACE 6 Inc., has secured a loan of up to P34.41 billion to finance its 344.5-megawatt onshore wind power project, which spans towns in Quezon and Laguna.
Yields on Treasury bills were mixed at Monday’s auction, as strong investor demand built up over the past two weeks pulled down rates for shorter-dated securities, while longer tenors edged higher despite selective bid rejections, underscoring lingering uncertainty in the market.