Banking & Finance

Veterans Bank inaugurates renovated Cag. de Oro Branch

Aiming to re-energize its presence in the Mindanao region, Philippine Veterans Bank (PVB) is delighted to announce the inauguration of its newly-renovated Cagayan de Oro branch today. PVB-Cagayan de Oro,…

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Family Bank is stable: GSIS

THE Government Service Insurance System, principal owners of the GSIS Family Bank, gave assurance on Tuesday that its thrift bank unit is stable after its depositors recently worried over its…

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BPI launches mobile banking facility for corporate clients

THE BANK of the Philippine Islands (BPI), the country’s third largest in terms of assets, has launched a mobile-based cash management system dubbed “BPI Expresslink Mobile.” “BPI Expresslink Mobile is…

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House seeks probe on GSIS Family Bank

A RESOLUTION has been filed at the House of Representatives calling for an investigation into more than P2.5 billion in losses the GSIS Family Bank has allegedly incurred since 1984….

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UCPB extends P326-M loan to Mindanao’s power coop

THE United Coconut Planters Bank has extended a P326-million loan to the Davao del Norte Electric Cooperative or Daneco whose franchise area on Mindanao island is host to a number…

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Bangko Sentral holds financial education expo in Cag. de Oro

By APIPA BAGUMBARAN Contributor TO highlight the importance of financial education in building a stronger economy, the Bangko Sentral ng Pilipinas (BSP) conducted a financial education (Fin-Ed) expo for the…

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DEVELOPMENT PARTNERS AFFIRM BENEFITS OF PHILIPPINES FLAGSHIP POVERTY PROGRAM

MANILA, PHILIPPINES (5 October 2011) – The Philippines is well on track to meet its goal of providing 2.3 million poor households with conditional cash transfers by the end of…

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One Network Bank earmarks P212m capital, another P35m for e-banking

By Carmelito Q. Francisco DAVAO City––One Network Bank has set aside P212 million in capital expenditure this year with half of it for its main center and another P35 million…

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LANDBANK holds 21st Gawad PITAK and 8th Gawad Entrepreneur

LANDBANK named spouses Severina and Benjamin Velos of Malaybalay, Bukidnon as the Outstanding Entrepreneur (agri-based category) in its 8th Gawad Entrepreneur. They received the award during the ceremony held last…

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ONB BUDGETS P 212 M TO MODERNIZE BANKING INFRASTRUCTURE

ONB, the widest and most modern rural banking network in the country, has earmarked a record budget of P 212 million this year to finance the construction of ONB Center,…

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