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Bank

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  5. BANK of the Philippine Islands is marking its 175th anniversary with a P5-billion sustainability bond offering carrying a 1.75-year maturity, in reference to its history as the oldest bank in the Philippines and in Southeast Asia. Founded in August, 1851, BPI originally served as a de facto central bank and published the Philippines’ first paper currency, the peso fuerte.

    BPI plans P5-billion sustainable bond offering

    BPI plans to raise at least ₱5 billion through its SIBOL bond offering to finance or refinance eligible green and social projects. The 1.75-year bonds, marking…

    1 MIN READ

  7. THE Department of Finance said its official had a meeting with Asian Infrastructure Investment Bank president Zou Jiayi to finalize a deal, as the Philippines seeks more flexible financing, including lower commitment fees, grants, and technical assistance from the bank to accelerate the country’s infrastructure projects, as well as renewable energy and climate initiatives.

    Phl asks China’s AIIB to fund infra projects

    Although not owned by a single country, being a multilateral development bank run collectively by its 111 member states as shareholders, AIIB’s largest…

    2 MIN READ

  11. BSP tightening cycle likely not over, BPI says

    BSP tightening cycle likely not over, BPI says

    The Bangko Sentral ng Pilipinas (BSP)'s tightening cycle is far from over despite its unprecedented 50-basis-point “jumbo” rate hike last Thursday, with…

    2 MIN READ