Friday, December 5, 2025
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Tag: HSBC

Citicore signs $100-m funding facility for solar projects

Citicore Renewable Energy Corp. said Friday it signed a $100-million financing deal for solar development vehicle Citicore Solar Energy Corp. with Pentagreen Capital, a...

HSBC: Bangko Sentral expected to keep interest rates Thursday

The Bangko Sentral ng Pilipinas is expected to keep the key policy rates unchanged on Thursday despite the lower-than-expected economic growth of 4.3 percent...

HSBC says first-half pre-tax profits soared to $21.7 bn

Banking giant HSBC said on Tuesday that pre-tax profit more than doubled to $21.7 billion in the first half of 2023, boosted by higher...

Monetary policy conditions in PH remain tight—HSBC

Hongkong and Shanghai Banking Corp. said Wednesday monetary policy conditions in the Philippines remain “tight” given the persistent elevated inflation that is one of...

Liquid financial system gives BSP room to increase interest rates—HSBC

By Julito G. Rada Hongkong and Shanghai Banking Corp. said Wednesday the liquid domestic financial system is giving the Bangko Sentral ng Pilipinas room to...

US rushes to contain SVB fallout, Biden vows to fix mess

By Michael Mathes with Thomas Urbain in New York WASHINGTON—US authorities unveiled sweeping measures Sunday to ease fears over the health of the banking system...

Food inflation in PH remains problematic, says UK lender

Hongkong and Shanghai Banking Corp. is not ruling out the possibility of higher inflation in the coming months despite the slight slowdown to 8.6...

BOI signs agreement with HSBC

Hongkong and Shanghai Banking Corp. Philippines met with Department of Trade and Industry to discuss possible areas of collaboration and other opportunities both entities...

HSBC says pre-tax profit fell to $3.1 billion in Q3

HSBC on Tuesday said pre-tax profit slipped in the third quarter of this year, with the bank citing an impairment on the planned disposal...

HSBC launches new investment product

Hongkong and Shanghai Banking Corp. expanded its wealth investment business in the Philippines through HSBC Wealth, which is incorporated as HSBC Investment and Insurance...

HSBC bares $1-b share buyback as 2021 profits doubled

HONG KONG, China—HSBC on Tuesday announced bumper 2021 profits and plans to repurchase shares worth up to $1.0 billion as the Asia-focused bank continues...

HSBC announces $1 billion share buyback as 2021 profits double

HSBC on Tuesday announced bumper 2021 profits and plans to repurchase shares worth up to $1.0 billion as the Asia-focused bank continues its recovery...

HSBC PH names new president, CEO

HSBC announced the appointment of Sandeep Uppal as president and chief executive of HSBC Philippines, subject to regulatory approval. Sandeep succeeds Graham FitzGerald, who...

HSBC sees PH rebounding 6.3% in 2021

Hongkong and Shanghai Banking Corp. said Tuesday the faster pace of COVID-19 vaccination rollout in the Philippines will help the economy to rebound by...
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