Metropolitan Bank & Trust Co. (Metrobank) bagged the ‘Best Bank in the Philippines’ award at the recently held Euromoney Awards for Excellence 2022, solidifying its strong position and reliability as
San Miguel Corporation (SMC) affiliate Bank of Commerce (“BankCom” or the “Bank”) hasdecided to shorten the public offer period of its maiden peso bond issuance (“Series A Bonds”or the “Bonds”)
Moody’s Investors Service affirmed China Banking Corporation’s (China Bank) credit rating on the back of its strong capitalization and profitability. Deposit and issuer credit ratings remained at Baa2, a notch
Philippine National Bank (PSE: PNB) has announced that Jose Arnulfo “Wick” A. Veloso is stepping down from his post as Bank President effective noon of July 5, 2022. This announcement
Makati City, Philippines – Security Bank (PSE: SECB) is offering up to PHP1 billion worth of fixed-rate bonds due in 2024 with an oversubscription option (the “Bonds”). The Bonds will
BDO Unibank, Inc. (BDO) has recently received an updated accreditation on its Sustainable Finance Framework (SFF) from Sustainalytics relative to the expansion of SFF eligible categories to include blue projects
Philippine Business Bank (PBB) reported a net interest income of ₱1,295.5 million in the first three months of 2022. Core income grew to ₱732.3 million from ₱725.2 million. Pre-tax pre-provision
Union Bank of the Philippines (UnionBank) successfully issued the country’s first-ever offering of digital peso bonds, raising an aggregate issue size of ₱11 billion. Despite the volatile rate backdrop, the
UnionBank recorded a net income of Php2.6 billion in the first quarter of 2022. This translated to a return on equity of 9.2%. The bank’s recurring income grew 21% vs.
Sun Life Financial Inc. has been notified that Obatan LLC has made another unsolicited “mini-tender offer” to purchase common shares of Sun Life at a price that is significantly lower
