UnionBank posted a net income of Php12.6 billion in 2021, 9% higher than in 2020. Earnings performance translated to above-industry return on equity of 12.0%. Net revenues were at an
Rizal Commercial Banking Corporation (RCBC), one of the largest banks in the Philippines, has commenced its public offer for Fixed Rate ASEAN Sustainability Bonds. The Bonds will form part of the Bank’s
The Bank of the Philippine Islands posted a net income of P6.4 billion in the fourth quarter, 51.2% higher than the same period last year, and 13.2% higher quarter-on- quarter.
The Bangko Sentral ng Pilipinas (BSP) is looking at the possibility of extending regulatory incentives to banks that embrace sustainability principles in its efforts to mainstream sustainable finance and mobilize
The Fiscal Incentives Review Board (FIRB) has approved, upon the recommendation of the Board of Investments (BOI), the grant of tax incentives for a proposed P10-billion cement manufacturing project in
Rizal Commercial Banking Corporation (RCBC), one of the largest banks in the Philippines, will be returning to the domestic bond markets with its planned offer of Fixed Rate Peso Sustainability
The Department of Finance (DOF) remains optimistic that the Congress will pass in 2022 the remaining tax reform packages of the Duterte administration that aim to reform the property valuation
The 20-Piso New Generation Currency (NGC) coin has emerged as a finalist for the “Best New Coin or Series Category: Excellence in Currency 2022 Awards” of the International Association of
Vertiv, a global provider of critical digital infrastructure and continuity solutions, today released its annual list of the key data center trends to watch in 2022, headlined by a dramatic acceleration in actions
Here’s how banks can help employers empower, improve their employees’ financial well-being Have you ever heard of ‘financial stress?’ According to experts, this condition refers to that state of anxiety
