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November 28, 2023

City Savings Bank and DepEd join forces in Project Pink

City Savings Bank’s Project Pink, in collaboration with the Department of Education Central Office, celebrates National Breast Cancer Awareness Month, educating attendees on breast health and providing Thermalytix breast screening vouchers, reinforcing their commitment to raising awareness and fighting breast cancer.

PH lenders expected to sustain profitability through 2025

S&P Global Ratings predicts that Philippine banks are likely to sustain their profitability until 2025, despite an anticipated slowdown in economic growth, with strong financial performance, stable credit outlook, and declining bad loans.

Digital payments drive surge in credit card transactions

The Philippines is experiencing a surge in credit card transactions driven by the adoption of digital payments and “revenge spending,” with credit card receivables rising by 29% to P619 billion by June 2023, and cashless payments becoming increasingly popular among Filipinos.

PCO partners with LandBank for enhanced government procurement efficiency

The Presidential Communications Office (PCO) has partnered with the Land Bank of the Philippines (LandBank) to use the Government Purchase Card (GPC) for efficient government procurement, aiming to streamline payments and expedite services while joining other government offices in this digitalization effort.

Lynette Ortiz’s transition from banking to public service¬†

Lynette Ortiz, a veteran banker with over 30 years of experience, has transitioned from her role as the first Filipino country chief of Standard Chartered Bank (SCB) Philippines to lead the state-owned Land Bank of the Philippines, driven by her commitment to public service and aims to leverage her banking skills to benefit the broader society, emphasizing her dedication to enduring leadership, empowering women and minorities, and promoting innovation and client-centric approaches.