UnionDigital earns P400-M infusion
‘The net proceeds of the SRO are intended for capital infusion to UnionDigital and to fund UnionBank’s consumer asset growth’
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Daily TribuneTopic
‘The net proceeds of the SRO are intended for capital infusion to UnionDigital and to fund UnionBank’s consumer asset growth’
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The bank remained well capitalized, with a total capital adequacy ratio of 24.3 percent and a common equity tier 1 ratio of 23.2 percent. PSBank shared these…
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UnionBank reported top-line revenues of P37.3 billion for the first half of 2024, an 8.3% increase from the same period last year. Net interest income rose by…
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BDO pursues long-term growth and profitability, while sustaining market leadership.
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‘The first three months showed we even had a higher acquisition rate of 50,000 new cards monthly.’
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The loans were distributed to nearly 1,400 agricultural and non-agricultural cooperatives nationwide as well as to ACDI, the cooperative serving active and…
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Bank officials say projected loan growth will likely be driven by a sustained demand for goods and services despite prospects of elevated interest rates for a…
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Total deposits grew by 11 percent to P3.57 trillion, with a 72-percent share of low-cost current and savings accounts
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Metropolitan Bank and Trust Co., or Metrobank, grew its net income by 28.9 percent to P42.2 billion last year from the level in 2022 due to higher demand for…
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Non-interest income surged by 41 percent to P19 billion due to a 54 percent growth in service fees for bills payments, fund transfers, interchange, and credit…
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Gross non-performing loans ratio improved to 3.4 percent as more clients have recovered from the pandemic
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Pag-IBIG Fund has released P76.94 billion in home loans in the last eight months, breaking its record on the highest home loan disbursement for any January to…
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The Pag-IBIG Fund officially launched the Virtual Pag-IBIG Mobile App to bring its services closer to members as it marked its 42nd anniversary on Wednesday,…
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As of December 2022, the Small Business Corporation's lending for pandemic-affected MSMEs has already exceeded the Bayanihan funds downloaded by the Department…
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Driven by the strong collection of home loan payments in the last 10 months, Pag-IBIG Fund's performing loans ratio climbed to 89.96 percent in October,…
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The Social Security System and the Rizal Commercial Banking Corporation recently signed a pact that will make every SSS member become part of the financial…
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GCash said Monday that it seeks to make borrowing more attainable for Filipinos in need of financial support through lending products like GLoan and GGives
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A letter released by Malacañang on Monday (19 September) announced that Marilene C. Acosta has been appointed as acting Chief Executive Officer of Pag-IBIG…
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