BDO, Metrobank, BPI, PNB largest private lenders in 2021
Family-owned banks led by BDO Unibank Inc., Metropolitan Bank & Trust Co. (Metrobank), Bank of the Philippine Islands (BPI), and Philippine National Bank (PNB) emerged anew as the largest private lenders in the country in terms of assets last year.
Filipino women of great influence
GCash President Matha Sazon has been named one of this year’s Women with Impact, as awarded by Tatler Magazine.
DBP boosts its cybercrime network
The Development Bank of the Philippines (DBP) has collaborated with the Cybercrime Investigation and Coordinating Center (CICC) to further strengthen the bank’s policies against potential cybersecurity threats and boost its capacity to defend critical system infrastructure.
GSIS to disburse more loans to members, pensioners this year
State-run Government Service Insurance System (GSIS) aims to disburse more loans to members this year through several initiatives amid the global health pandemic.
RCBC stopped lending to coal-fired power plants as early as 2020 to protect environment
Rizal Commercial Banking Corp. (RCBC) led by bankero Eugene Acevedo has stopped lending to new coal-fire power projects as early as 2020 in its bid to protect the environment.
Gov’t grants incentives to 5 projects worth P119-B in 2021
The government through the reconstituted Fiscal Incentives Review Board (FIRB) approved the grant of tax incentives to five big-ticket projects with a combined investment capital of P119.5 billion last year, according to the Department of Finance (DOF).