Company Overview and News
HOMEBUYERS with jumbo mortgages have less to fear about the end of ultra-low borrowing costs, while consumers contemplating personal loans or car financing have time to lock in affordable fixed-rate deals, bankers said. (1-0)
MANILA, Philippines — Metropolitan Bank and Trust Co. said it is ready to comply with sanctions imposed by the Bangko Sentral ng Pilipinas (BSP) over a P1.75 billion internal fraud allegedly perpetuated by a former executive. (1-0)
MANILA, Philippines — The Philippine Dealing and Exchange Corp. (PDEx), the country’s trading platform for fixed income securities, said it expects 2017 to be another banner year as more companies raise funds through the bond market. (9-0)
The family of late Chief Justice Renato Corona has appealed the Sandiganbayan’s ruling allowing the Office of the Ombudsman to scrutinize their bank accounts in connection with their P130.59-million forfeiture case. (5-0)
MANILA, Philippines — It’s business as usual for Philippine banks during the non-working holidays next week as the country hosts the 31st Association of Southeast Asian Nations (ASEAN) Summit. (11-0)
MANILA, Philippines — Philippine Savings Bank (PSBank), the thrift banking arm of the Metrobank Group, obtained an issuer rating of PRS Aaa (corp.) from local credit watchdog Philippine Rating Services Corp. (1-0)
Philippine Savings Bank (PSB), the thrift bank arm of the Metrobank Group, has relocated two of its branches to reach more clients.
MANILA, Philippines - GT Capital Holdings Inc. is dipping its hands into the microfinance sector after spending about P380 million to acquire a 20 percent stake in a financing firm partly owned by its thrift bank arm.
Ty family-led conglomerate GT Capital Holdings Inc. bought a 20 percent stake in motorcycle lending firm Sumisho Motor Finance Corp. from thrift bank arm Philippine Savings Bank and its retirement fund.
Philippine Savings Bank, the Metrobank group’s thrift bank arm, posted a 2-percent growth in first semester net profit to P1.18 billion on the back of higher earnings from core lending.
MANILA, Philippines - The net income of Philippine Savings Bank (PSBank) climbed 1.7 percent as it continues to strengthen its retail business without increasing its brick and mortar branch network.
The Metrobank group’s thrift bank arm Philippine Savings Bank posted a 2-percent growth in first semester net profit to P1.18 billion on the back of higher earnings from core lending.
MANILA, Philippines - Banks are ramping up the distribution of debit and credit cards equipped with the Europay, Mastercard and Visa (EMV) chip to meet the one-year deadline set by the Bangko Sentral ng Pilipinas (BSP).
Philippine Savings Bank (PSBank), the thrift arm bank of the Metrobank Group, is set to deactivate all non-EMV PSBank cards by Sept. 1, citing the need to provide clients with more secured products and services.
MANILA, Philippines - Newly appointed Monetary Board member Peter Favila tendered his resignation as independent director of GT Capital Holdings Inc. effective immediately.
2017-12-11 - Wilton
2017-12-11 - Wilton
2017-12-03 - Wilton
2017-11-27 - Wilton