Tag: CITI

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Citi remains bullish on Philippines, sees 6.2% GDP growth

Citi, a leading global bank and the largest foreign bank in the country, retains a positive outlook on the Philippines amid a challenging year ahead for the global economy.

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Tetra Pak cartons could boost tuna exports, cut costs

Tetra Pak’s paper-based carton technology could help Philippine tuna processors reduce packaging and logistics costs, strengthen export competitiveness and respond to growing demand for more sustainable food packaging.

Billease challenges marketplace fees with zero-commission shopping platform

Philippine consumer financing platform Billease has launched a zero-commission online marketplace aimed at helping retailers cut selling costs while giving shoppers access to installment credit, challenging the fee-based business models of established e-commerce players.

Citicore lands P35B for Batangas solar expansion

Citicore Renewable Energy Corporation (CREC) has secured P35.014 billion in syndicated financing from three Philippine banks to bankroll five solar projects in Batangas, expanding its renewable energy footprint as the country seeks to bolster power supply and accelerate the shift to cleaner energy.

PNB delivers strong 9-month performance with 15% net income growth

The Philippine National Bank (PNB) recorded a net income of ₱21.3 billion for the nine months ended September 30, 2026, marking a 15 percent increase from ₱18.5 billion during the same period last year. The performance underscores the bank’s disciplined execution, expanding core operations, and strengthening capital base as it drives long-term value creation.

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