Women’s Month and empowerment principles

To culminate Women’s Month, a signing event of the UN Women Empowerment Principles (WEPs) was held at the end of March.

Peso up on trade data

THE PESO strengthened against the greenback on Thursday following the release of trade data, which showed a continued slump in imports in February.

Yields on BSP’s term deposits drop on lower March inflation

YIELDS on the central bank’s term deposits inched down on Wednesday following the slower inflation print recorded in March.

MAMTC plans to launch two new offshore funds

MANULIFE ASSET Management and Trust Corp. (MAMTC) is planning to launch two new offshore funds this year that will take advantage of the changes brought about by the global health crisis.

Cantillan Bank eyeing to launch application in May

SURIGAO-BASED Cantillan Bank, Inc. is looking to launch its app for online transactions within the first half.

Security Bank set to give MUFG clients access to cash management system

SECURITY BANK Corp. and Mitsubishi UFJ Financial Group, Inc. (MUFG) have expanded their partnership to give their clients access to cash management services.

Peso declines vs dollar on lockdown concerns

THE PESO closed sideways against the greenback on Wednesday as the market awaits clarity on restrictions on movement after this week and new signals from the US Federal Reserve.

Gov’t makes full award of fresh 5-year bonds on strong demand

THE GOVERNMENT made a full award of the fresh five-year Treasury bonds (T-bonds) it auctioned off on Tuesday amid strong demand.

ABIC seals purchase of PNB’s nonlife arm

ALLIED BANKERS Insurance Corp. (ABIC) has completed its purchase of PNB General Insurers Co., Inc. (PBGen) as it settled the third and last tranche of its payment to the Philippine National Bank (PNB) ahead of the deadline, the listed lender said on Tuesday.

Banks’ loans to MSMEs fail to hit quotas in Q4

BIG AND THRIFT banks were unable to disburse the minimum credit for small businesses required by law in the fourth quarter of 2020, data from the Bangko Sentral ng Pilipinas (BSP) showed.