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WeChat Pay, China’s other giant, arrives in PH

2017-11-23 business.inquirer.net
Rebisco group-led Asia United Bank (AUB) has become the first bank in the Philippines to roll out mobile payments system WeChat Pay, allowing Chinese tourists to conveniently make payments using their electronic wallets.

AUB rolls out WeChat Pay in PH

2017-11-23 business.inquirer.net
Rebisco group-led Asia United Bank has become the first bank in the Philippines to roll out mobile payments system WeChat Pay, allowing Chinese tourists to conveniently and seamlessly make payments using their electronic wallets.

BancNet adopts strict account verification

2017-11-06 philstar
MANILA, Philippines — BancNet has equipped its online banking portal with a stricter accountholder verification system for more secure transactions on the internet.

PT&T eyes comeback, seeks foreign partner

2017-10-11 business.inquirer.net
Philippine Telegraph and Telephone Corp. (PT&T) wants to regain its status as a major telecommunications force in the Philippines—revealing plans to provide high-speed internet across the country in three years and possibly tap a foreign telco partner as President Duterte calls for more competition in this sector. (37-0)

PT&T plans to reactivate stock listing

2017-09-25 philstar
MANILA, Philippines — Philippine Telegraph and Telephone Corp. (PT&T) is planning to reactivate its listing on the Philippine Stock Exchange (PSE) within the current fiscal year as it looks to increase clients, as well as grow earnings and revenue. (7-0)

SEC approves 8990’s preferred share offer

2017-09-24 bworldonline
THE Securities and Exchange Commission (SEC) approved on Friday the fund-raising activities of mass housing developer 8990 Holdings, Inc. and Alcantara-led holding firm Alsons Consolidated Resources, Inc. (ACR). (10-0)

3 Monetary Board members confirmed

2017-06-29 business.inquirer.net
Finance Secretary Carlos G. Dominguez III yesterday confirmed the appointment of Antonio Abacan Jr. to the Monetary Board of the Bangko Sentral ng Pilipinas as well as the return of Peter Favila and retention of Felipe Medalla to the policymaking body.

AUB earnings jump to P2.3 billion

2017-04-04 philstar
MANILA, Philippines - Earnings of listed Asia United Bank Corp. (AUB) jumped 52 percent amid strong lending to companies as well as small and medium sized enterprises (SMEs).

AUB nets P2.3B

2017-04-04 business.inquirer.net
Rebisco group-led Asia United Bank (AUB) posted a 52 percent growth in net profit last year to P2.3 billion, driven by a double-digit expansion in core earnings from lending activities.

PAL to borrow $38 M to buy new aircraft

2016-08-28 philstar
MANILA, Philippines - Flag carrier Philippine Airlines (PAL) is borrowing $38 million from banks to finance the acquisition of an Airbus A321-200 aircraft.

AUB’s H1 profit up 44%

2016-07-29 business.inquirer.net
REBISCO group-led Asia United Bank grew its net profit in the first six months by 44 percent year-on-year to P1.23 billion on strong gains from lending and trading activities.

AUB to double branch network

2016-06-27 business.inquirer.net
REBISCO group-led ASIA United Bank seeks to become a more significant player in the banking system by doubling its branch network while maintaining its long-term profitability at around 10-15 percent return on equity.

BancNet re-elects Tan, Chua

2016-06-21 mb.com.ph
BDO President Nestor V. Tan and China Bank President Ricardo R. Chua have been re-elected chairman and president,respectively, of BancNet for the 2016-2017 term, the electronic payments consortium announced. Tan is also the president of the Bankers Association of the Philippines.

Restructuring credit card debt just got better

2016-06-19 mb.com.ph
Banks and affiliate credit card companies have an effective way of assisting problematic credit cardholders to restructure unpaid debts and it just started this month.

BancNet reelects top officers

2016-06-13 philstar
MANILA, Philippines - BDO Unibank president Nestor V. Tan and China Bank president Ricardo R. Chua have been re-elected chairman and president, respectively, of BancNet for the 2016-2017 term.