Friday, December 8, 2023
PNB may take in strategic investors
The group of tycoon Lucio Tan is willing to cede up to 25 percent of Philippine National Bank to a...
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Tuaño-Amador named BSP OIC until Duterte appoints new governor
Bangko Sentral ng Pilipinas. (File photo / Philippine Daily Inquirer) Deputy Governor Almasara Cyd Tuaño-Amador will serve as the Bangko...
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Metrobank takes full control of card firm
Local banking giant Metropolitan Bank and Trust Co. has completed its takeover of full control of credit card subsidiary Metrobank...
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Cash-rich banks flock to shrinking BSP deposit window
Financial institutions yesterday swamped the central bank’s liquidity management facility, tendering over twice the amount on offer for the first...
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Metrobank completes capital buildup
Ty family-led Metropolitan Bank & Trust Co. has completed a P60-billion capital hike through the sale of shares to existing...
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House to initiate inquiry into Metrobank ‘internal fraud’
The chair of the House committee on banks and financial intermediaries on Friday called a congressional investigation into an “alarming”...
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Banks bet on Thursday rate hike as they shy away from BSP deposit window
Financial institutions shied away from the central bank’s short term borrowing window on Wednesday with many betting they get better returns on...
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Landbank eyes 49% stake in PDS before 2019 ends
MANILA, Philippines – The state-run Land Bank of the Philippines is eyeing to acquire a 49-percent stake in Philippine Dealing...
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