Central bank pushes Islamic banking
The Bangko Sentral ng Pilipinas (BSP) is ramping up efforts to establish an inclusive and sustainable Islamic finance ecosystem by pursuing regulatory reforms under a whole-of-government approach.
BSP successfully onboard 101 rural banks in PhilPaSSPLUS
The number of rural banks (RBs) participating in PhilPaSSPLUS increased by 21.7 percent to 101 as of end February this year from 83 in 2020, according to the Bangko Sentral ng Pilipinas (BSP).
UnionBank arm partners with foodpanda to support Odette-affected vendors
A unit of Union Bank of the Philippines led by bankero Edwin Bautista has partnered with leading online food delivery platform foodpanda to provide loan assistance to thousands of foodpanda vendors in Visayas and Mindanao who were affected by Typhoon Odette.
Dominguez forces recalcitrant taxpayers to fork over P6.98 billion in 2021
The government on Thursday signaled the severity of tax collection program anew by shutting down 523 business establishments last year and the collection of close to P3 billion in unpaid taxes. In summary, the government’s anti tax evasion program forced offending taxpayers to hand over P6.98 billion due the government last year alone. Finance Secretary […]
Networking platform LinkedIn cites Metrobank’s employee wellness program
Business and social media platform LinkedIn has included Metrobank as one of the country’s top companies for this year.
In the company of fintech execs in Spain
PayMongo CEO and cofounder Francis Plaza shared a cute candid moment with the company’s chief of staff Ysabel Chua.
Local fund generates 21 percent return in 2021
The ATR Asset Management’s (ATRAM) Sustainable Development and Growth Fund (SDGF) on Thursday reported investment earnings that surpassed the performance of even the Philippine Stock Exchange index or PSEi.
BPI offers exclusive auto loan promos as Manila auto show makes comeback
Bank of the Philippine Islands (BPI) headed by bankero TG Limcaoco is strengthening its position as a top-of-mind financing provider for potential car buyers in the market as the exclusive financing provider of the returning Manila International Auto Show (MIAS).
Home Credit taps UnionBank for P7B credit facility
Leading consumer finance provider Home Credit Philippines has tapped Union Bank of the Philippines led by bankero Edwin Bautista for a P7 billion credit facility to provide comprehensive financial opportunities to more Filipinos.
Telco helps convert IP cultural aspects into digital assets
The telecommunications firm Smart Communications is helping preserve the cultural heritage of indigenous peoples (IPs) in Mindanao by converting key elements of their culture into digital assets that may be explored with the use of a mobile literacy app.