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Philippines
Thursday, April 25, 2024

Banking & Finance

Asialink, Creador sign P4-b investment agreement to boost SME lending in PH

Asialink Finance Corp. and Creador, a Southeast Asian private equity firm, signed a P4-billion investment agreement to boost SME lending in the Philippines. Asialink’s affiliates Global Dominion Financing Inc. and South Asialink Finance Corp. are also expected to benefit from Creador’s investment, amplifying its impact of more financial solutions for businesses across the country. Asialink recognized the opportunity to expand its reach to the underserved market segment which consists of small...

Pomelo announces $35-m Series A funding

Pomelo, the first consumer fintech to enable international money movement with consumer...

OceanaGold remits additional P1b to gov’t

OceanaGold (Philippines) Inc. (OGPI), operator of the Didipio Gold-Copper Mine, on Tuesday...

BPI: Economy in ‘great shape’ despite risks

Bank of the Philippine Islands (BPI) of the Ayala Group is optimistic...

LATEST Banking & Finance

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LandBank helps co-op expand services for uniformed personnel

Land Bank of the Philippines said Tuesday it extended financial support to the ACDI Multipurpose Cooperative (MPC) to boost the co-op’s working capital catering...

BDO Life introduces online customer portal

BDO Life, a fully-owned subsidiary of BDO Unibank,said its clients can now access their life insurance policy using the BDO Life Customer Portal, where...

PH signs World Bank’s emergency financing

Finance Secretary Ralph Recto secured the country’s position as the first to sign the Rapid Response Option (RRO) agreement with the World Bank Group...

Gov’t debt payments up 6.8% in first 2 months

The government’s debt payments increased 6.8 percent year-on-year in the first two months of 2024 because of higher amortization, according to the Bureau of...

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