Saturday 23 March
BSP shuts down rural bank in QC
Even this Metro Manila-based bank was not spared....
PDIC selling P3B worth of assets in ExportBank Plaza
This bank is selling big-ticket items in one go....
Aguirre foiled anew: SC says bankrupt BF can’t sue to get P2B relief
The Supreme Court (SC) has denied the petition filed by Banco Filipino Savings and Mortgage Bank seeking to enforce the ruling of the Makati City Regional Trial Court (RTC) ordering the release of up to P25 billion in financial assistance and other regulatory reliefs to the defunct bank owned by...
GOCCs raise P31B in dividends
This is looking to be a record year for these...
PDIC eyeing to sell P157M assets in Manila, Davao
The state insurer will be holding three public buildings this February 2018....
PAL penalty boosts gov’t dividends to P30.5B in 2017
The President's intervention drove state dividends higher....
Court order favors LBC
Courier and money transfer service provider LBC group has obtained a court order lifting the P1.8-billion asset attachment and garnishment initiated by state-controlled Philippine Deposit Insurance Corp. as part of a collection claim on behalf of a defunct LBC banking affiliate. This development...
Aquino OKs merger of Landbank, DBP
PRESIDENT Aquino has given his go-ahead to merge two state-run banks, with the surviving entity becoming the country?s second biggest bank in terms of assets and a challenge to local tycoons? dominance in the financial sector. Land Bank of the Philippines (LBP) will be the surviving entity when it...
Copyright © 2019
- Latest news on the richest Filipinos and Family Business.