Banking & Finance

ONB ’11 RECORD INCOME JACKS UP NETWORTH TO P 2.5 B

ONB ’11 net comprehensive income hits P 428 Million for a record 38 % increase over previous year. With this record income, the widest and most modern rural bank’s networth…

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Pag-IBIG to condone delinquent, unregistered employers but no recividists

By Apipa P. Bagumbaran CAGAYAN DE ORO CITY, Feb. 4 (PIA) — The Home Development Mutual Fund, otherwise known as the Pag-IBIG Fund, is condoning penalties of delinquent and unregistered…

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Green Bank

Green Bank, Inc., headquartered in Butuan City, is a premier multi-awarded countryside

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Siargao Bank

Siargao Bank ( A Rural Bank) Inc., was founded last September 24,1977.

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GSIS extends P626-M loans to Sendong-hit members

By ALLAN MEDIANTE Executive Editor THE GOVERNMENT Service Insurance System (GSIS) has released more than half a billion pesos in emergency loans to members affected by tropical storm Sendong. The…

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BSP extends relief to storm-hit banks

By ROLANDO SUDARIA, Reporter THE BANGKO Sentral ng Pilipinas (BSP) is extending relief to banks in areas affected by tropical storm Sendong so these lenders can in turn extend assistance…

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ONB opens new branch in Sultan Kudarat, inaugurates renovated branches in ComVal and Caraga

By ARA LARGO The municipality of Esperanza in Sultan Kudarat warmly welcomed One Network Bank’s newest branch, the sole bank serving the locale. The 83rd addition to the widest banking…

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DBP resets debt float to first quarter

STATE-RUN Development Bank of the Philippines (DBP) failed to push through with its issuance of at least P7 billion worth of unsecured subordinated debt last month after it failed to…

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BPI managed assets up 38%

THE BANK of the Philippine Islands’ (BPI) investment management arm saw its assets under management (AUM) rise by 38% as of October as it gained more clients, its top official…

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BSP: Services sector offers bright spot in economic expansion

THE Bangko Sentral ng Pilipinas (BSP) refused to write off the services sector as a source of support for continued expansion in the closing months of the year no matter…

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