Recent Posts

Deutsche Bank, SM tie up to expand local schools

Representatives of Deutsche Bank AG Manila and the SM Foundation with school, Department of Education (DepEd) and Local Government Unit (LGU) officials inaugurated a two-story, four classroom building in the campus of Northern Tacloban City National High School. The donation came complete with desks, tables, blackboards, electric fans with toilet provision for each classroom. The desks and tables were made …

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Banking sector alarmed over system breaches

By Riza Lozada and Jerry Maglunog The series of cases of breach in the security of bank accounts has alarmed banks and their depositors, prompting top lender Metropolitan Bank and Trust Co. (Metrobank) to issue an assurance and advisory to its clients and shareholders that the bank has “sufficient maker-checker controls in place.”

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8990 taps China Bank unit for landmark deal

By Riza Lozada  Listed mass-housing developer 8990 Holdings Inc. has tapped China Bank Capital Corp. to arrange and underwrite the securitization of up to P5 billion of contract to sell (CTS) receivables of its property development subsidiaries.

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BSP maintains key rates amid stable indicators

The Bangko Sentral ng Pilipinas (BSP) maintained its key policy rates, saying last Friday that economic indicators continue to remain appropriate, even as average inflation in the first quarter of 2016 remains below the government’s target of two percent to four percent growth. 

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