The Bank of the Philippine Islands (BPI) has priced its P5-billion peso-denominated fixed-rate BPI Supporting Individuals Grow, Lead, and Achieve (SIGLA) Bonds due 2028, with an option to upsize, marking the second tranche under its P200-billion Bond and Commercial Paper Program approved in October 2024.
Bank of the Philippine Islands (BPI), the country’s third largest lender by assets, said strong loan growth and wider margins boost its financial performance in the first nine months of the year, with net income climbing 5.2 percent year-on-year to P50.5 billion.
Aboitiz Renewables Inc., through its wholly-owned subsidiary AP Renewable Energy Corp. (APREC), has signed a P7.4-billion project finance agreement with the Bank of the...
Fresh River Lakes Corp. (FRLC), a wholly owned subsidiary of First Gen Corp., has secured a total of P15 billion in loan facilities from three major Philippine banks—BDO Unibank Inc. (BDO), Bank of the Philippine Islands (BPI), and Rizal Commercial Banking Corp. (RCBC).
Converge ICT Solutions Inc. is extending digital support to Cebu entrepreneurs as government and industry partners seek to help micro, small, and medium enterprises turn social commerce into a sustainable growth channel.
The Securities and Exchange Commission (SEC) has issued a public advisory warning against fraudulent Facebook pages falsely claiming to represent Just Smile Lending Corp., highlighting heightened regulatory vigilance to protect consumers and legitimate businesses.
Makati Development Corp. is strengthening its credentials as a high-rise construction specialist after winning the Philippine Excellence in Concrete Construction Awards overall title for the second consecutive year.
The Securities and Exchange Commission (SEC) has clarified its decision to admit Binance Holdings Inc. as a global crypto asset exchange partner within its regulatory sandbox, stressing that participation does not grant immediate authorization to operate locally.