Thursday, May 21, 2026
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Tag: capital infusion

Salmon Bank secures P400-mcapital boost

Salmon Bank said on it secured P400 million in additional capital from its controlling shareholder, Salmon Group Ltd., to strengthen its equity base for...

Salmon Bank targets thrift bank status with P1.2-billion capital infusion

Salmon Bank, which started as the Rural Bank of Santa Rosa, Laguna, plans to infuse P600 million in fresh equity before the end of...

Phoenix okays transfer of 72 retail stations

Phoenix Petroleum Corp. approved the transfer of 72 company-owned, dealer-operated retail stations worth P700 million to unit PFL Petroleum Management Inc.  Phoenix disclosed to the...
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