Finance Secretary Diokno asserts DBP-LBP merger aligns with sound fiscal management
Finance Secretary Benjamin E. Diokno asserts that the Land Bank of the Philippines-Development Bank of the Philippines merger aligns with sound fiscal management, offering benefits such as cost savings, a strengthened financial position, and increased lending capacity for priority development projects.
Asialink Finance Corporation assigned PRS A+ rating with stable outlook by PhilRatings
Asialink Finance Corporation has received a PRS A+ Issuer Credit Rating from PhilRatings, indicating its above-average ability to meet financial commitments compared to other Philippine corporates.
Banks initiate investigations into unauthorized GCash transfers
EastWest Bank and Asia United Bank are conducting thorough investigations into alleged unauthorized cash transfers from GCash following reports from netizens.
CIMB Bank Philippines expects loan book to double amid significant customer growth
CIMB Bank Philippines anticipates doubling its loan book by the end of the year as it ends the first quarter with seven million customers, driven by a surge in deposit and lending portfolio, with loan customer numbers doubling from the previous quarter.
BPI unveils newest advocate
BPI welcomes Daniel Padilla as their newest advocate for financial inclusion during the Barangay Mas Magandang Bukas event, aiming to empower Filipinos to achieve their life goals through BPI’s offerings.