Philippines
BDO to establish US$2 billion EMTN program
BDO to establish US$2 billion EMTN program
BDO Unibank, the Philippines’ largest bank in terms of assets, looks to lower funding costs.
Philippines' Security Bank expands
Security Bank has expanded its branch network and has put up Security Bank Savings.
Philippines' Security Bank posts 29% loan growth
Expansion in various industries pushed Security Bank's loan portfolio up by 29 percent in the first half of 2012.
Philippines’ BPI reports stellar first half results
The Philippines’ oldest and third largest bank by assets reported a 52% jump in net income during the first half.
Philippine Deposit Insurance Corp. approves PNB-Allied merger
The Philippine Deposit Insurance Corp. has approved the merger of Philippine National Bank and Allied Banking Corp.
Polaris implements core banking solution at Philippines' MAXBANK
Polaris Financial Technology successfully implemented its state of the art Intellect Core Banking Solution at MAXBANK.
Philippine Savings Bank push earnings up by 50%
The Philippine Savings Bank reported an earnings increase of 50 percent year-on-year to P1.38 billion in the first half.
Singapore banks might ride out global financial crisis
Loans and investments made by Eurozone banks in Singapore comprise only 5% of their total exposure.
Citibank launches Citibank Rewards Card in the Philippines
Cardholders will be entitled to 5% rebate at partner boutiques among other exclusive deals.
Five foreign banks end Philippine operations
Financial turmoil in their home countries forces American Express Bank and four other foreign banks to depart the Philippines.
Korea Eximbank sets up Philippine office
Korea Eximbank has set up an office in the Philippines in anticipation of the expected rise in investments from South Korean firms.
Pawnshops, stores to offer banking services in the Philippines
The Philippine central bank mulls making sari-sari stores, payments centers and other store-like facilities banking conduits.
Philippines' BDO targets loan growth of 20%, income growth of 19%
BDO expects a loan growth of over 20-percent in the next three to five years with the expanding economy.
China Bank provides cashless cab fare payments
You can now pay your taxi fare using your ATM or debit card in Davao,Philippines.
Five lenders eye shuttered Philippine bank
Five Philippine financial institutions remain interested in acquiring the assets of bankrupt Export and Industry Bank.
Aggressive Philippine bank continues M&A spree
Asia United Bank has completed the acquisition of its third Philippine bank in three years.
Agreement to boost mobile banking in the Philippines
The Philippines and the United States have entered into an agreement that will give Filipinos more access to mobile banking and payment services.
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