UnionBank gets PCC nod for acquisition of Citi PH consumer banking assets

Union Bank of the Philippines headed by bankero Edwin Bautista obtained the green light from the Philippine Competition Commission (PCC) to acquire the consumer banking business of Citigroup Inc. in the country.
CA affirms order allowing PDIC to liquidate Banco Filipino assets

The Court of Appeals (CA) has denied the appeal by Banco Filipino Savings and Mortgage Bank (Banco Filipino) preventing its receiver from liquidating the lender’s remaining assets.
Standard Chartered Bank hosts women and sustainability forum

Standard Chartered Bank led by bankero Lynette Ortiz hosted a webinar in celebration of International Women’s Month to highlight inspiring stories of female leaders successfully breaking gender biases and their role in fostering an inclusive and sustainable economy.
Social media star honors bankero with a feature

UnionBank Chief Technology and Operations Officer/ Chief Transformation Officer Henry Aguda shared on his social media accounts a new trending video on TikTok featuring the ‘top tier’ features of the UB banking app.
PSSC honors bank exec’s educator mom

The Philippine Social Sciences Council has launched a new award named after ING Bank Country Manager and Head of Clients Hans B. Sicat.
Tax deficient entities made to pay P181.87 million

Various entities and individuals collectively owing the government P181.87 million in deficiency taxes have been prosecuted in court and their properties seized and garnished.
Payment platform scales up cybersecurity standards

Bayad continues to trailblaze the fintech industry being the trusted brand in the outsourced payment collection service in the Philippines by further upgrading its cybersecurity posture.
Foreign currency reserves surge ahead a second time

The country’s gross international reserves (GIR), which generally trended lower the past year and had in fact contracted twice, surged higher in March for the second month in a row.