RCBC eyes at least P3B from bond offer
RIZAL COMMERCIAL Banking Corp. (RCBC) is looking to raise at least P3 billion from an offering of 2.5-year sustainability, marking its return to the...
UnionBank raises P16 billion from peso bonds
UNION Bank of the Philippines, Inc. (UnionBank) has raised a combined P16 billion from its offering of dual-tranche fixed-rate peso bonds, above the P10-billion...
Peso returns to P56 level amid fragile Mideast ceasefire
THE PESO climbed back to the P56-per-dollar level on Wednesday as inflation fears eased amid the decline in global oil prices following the ceasefire...
GSIS loan disbursements reach P413.4 billion to date
THE Government Service Insurance System (GSIS) has disbursed P413.4 billion in loans so far under its flagship lending programs, it said on Wednesday.
GSIS President...
Western Union appoints new Philippine head
WESTERN UNION has appointed Ricardo Alair as its new director for the Philippines, Guam, Northern Mariana Islands and Palau.
“We are thrilled to welcome Ricardo...
BSP plans guidelines to manage risks from firms’ use of models
THE BANGKO SENTRAL ng Pilipinas (BSP) plans to put in place guidelines to manage potential risks from financial institutions’ use of models for their...
Central bank rolls out enhanced credit and equity exposure reporting system
FINANCIAL INSTITUTIONS are required to submit monthly reports on their credit and equity exposures starting July as the Bangko Sentral ng Pilipinas (BSP) seeks...
BDO’s Tan is International Monetary Conference’s first Filipino president
BDO UNIBANK, Inc. President and Chief Executive Officer (CEO) Nestor V. Tan has been elected as the new president of the International Monetary Conference...
Central banks eye gold, euro and yuan as dollar dominance wanes — OMFIF
LONDON — The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, the...
Peso rebounds on Israel-Iran ceasefire
THE PESO rebounded against the greenback on Tuesday after Iran and Israel agreed to a ceasefire after exchanging attacks for 12 days.
The local unit...
Fed’s Bowman open to cutting rates at July policy meeting
NEW YORK - Federal Reserve Vice Chair for Supervision Michelle Bowman, recently tapped by President Trump as the U.S. central bank’s top bank overseer,...
BTr partially awards Treasury bills at mixed rates
THE GOVERNMENT made a partial award of the Treasury bills (T-bills) it offered on Monday with mixed rates as risk sentiment took a hit...