Tonik ventures into lending and crypto products one year into its operations
Tonik Digital Bank of bankero Long Pineda is expanding its lending portfolio through a buy now, pay later and home loans program and venturing into cryptocurrency after celebrating its first year of operations in the Philippines.
Cash assistance to PUV drivers comes out as ‘service contracting program’
Budget officials on Tuesday released P7 billion in cash subsidies helping public utility vehicle (PUV) drivers manage the difficulties presented by the ongoing pandemic.
PDIC eyes P43M from sale of Luzon, Mindanao residential lots
State-run Philippine Deposit Insurance Corp. (PDIC) is looking at raising about P43 million from the sale of 36 residential lots via an electronic public bidding on April 22.
UnionBank partners with Lazada to help entrepreneurs
Union Bank of the Philippines led by bankero Edwin Bautista has partnered with major e-commerce platform Lazada, enabling online sellers to have more options when it comes to bringing their products closer to customers.
LANDBANK delivers P133.6 billion cash assistance to low-income beneficiaries
State-owned Land Bank of the Philippines (LANDBANK) headed by bankero Cecilia Borromeo successfully funneled billions of pesos worth of cash transfer that benefited millions of low-income beneficiaries the past six years.
LANDBANK financial strength more than doubled over 6 years
The resources accumulated by the Land Bank of the Philippines (LANDBANK) led by bankero Cecilia Borromeo has expanded by 160 percent over the past six years.
Government sells $2.25 billion global bonds
The Philippines sold $2.25 billion worth of bonds in the global debt market on Tuesday at prices better than originally indicated by investors.
Bankero Acevedo happily tells of on boarding more clients
Rizal Commercial Banking Corporation (RCBC) President and Chief Executive Officer Eugene Acevedo thanked bank patrons and loyal customers for another successful milestone.
Satellite technology helps rural bank restore operations after typhoon
The Bangko Sentral ng Pilipinas (BSP) said the satellite broadband services helped banks and financial institutions provide financial services to those affected by super typhoon Odette.