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Tag: Banking

Oriental Tamaraw Rural Bank shut down by BSP
Categories Business

Oriental Tamaraw Rural Bank shut down by BSP

PDIC Press ReleasePosted on15 May 202515 May 2025

PDIC starts liquidation of Oriental Tamaraw Rural Bank of Naujan (Oriental Mindoro) after BSP closure order on May 8, 2025. … Read More >Oriental Tamaraw Rural Bank shut down by BSP

PDIC raises deposit insurance to P1 million for depositors
Categories Business

PDIC raises deposit insurance to P1 million for depositors

Merriam del RosarioPosted on5 March 202528 April 2025

PDIC doubles deposit insurance coverage to P1 million per depositor, per bank, boosting financial stability and depositor confidence. … Read More >PDIC raises deposit insurance to P1 million for depositors

PDIC to service claims for closed Emerald Rural Bank
Categories Business

PDIC to service claims for closed Emerald Rural Bank

PDIC Press ReleasePosted on12 February 202529 April 2025

PDIC will process deposit insurance claims for Emerald Rural Bank depositors on February 17, 2025, in San Jose del Monte, Bulacan. … Read More >PDIC to service claims for closed Emerald Rural Bank

PDIC holds PDIC 101 in Baguio to boost deposit insurance awareness
Categories Business

PDIC holds PDIC 101 in Baguio to boost deposit insurance awareness

PDIC Press ReleasePosted on19 November 202419 November 2024

PDIC conducted “PDIC 101” in Baguio to educate local media on deposit insurance, financial literacy, and the vital role of saving in banks. … Read More >PDIC holds PDIC 101 in Baguio to boost deposit insurance awareness

Chinabank signs Miss Universe PH Michelle Dee as Brand Ambassador
Categories Business

Chinabank signs Miss Universe PH Michelle Dee as Brand Ambassador

Josie Lynn L. GalarioPosted on24 February 202424 February 2024

Chinabank has signed its first ever brand ambassador, the reigning Miss Universe Philippines, Michelle Marquez Dee … Read More >Chinabank signs Miss Universe PH Michelle Dee as Brand Ambassador

Chinabank reports P16.2 Billion net income for the first 9 months
Categories Business

Chinabank reports P16.2 Billion net income for the first 9 months

Josie Lynn L. GalarioPosted on11 November 20236 February 2024

China Banking Corporation recorded P16.2 billion net income from January to September 2023, 10% higher compared to the same period last year. … Read More >Chinabank reports P16.2 Billion net income for the first 9 months

CitySavings reaches 100B loan portfolio, expanding financial inclusion
Categories Business

CitySavings reaches 100B loan portfolio, expanding financial inclusion

Ronnie GuanlaoPosted on31 October 202331 October 2023

CitySavings offers a wide range of financial products tailored to the mass market including motorcycle lending and other salary loan segments. … Read More >CitySavings reaches 100B loan portfolio, expanding financial inclusion

UnionBank: Pioneering Philippine banking with AWS local zones
Categories Business

UnionBank: Pioneering Philippine banking with AWS local zones

Ronnie GuanlaoPosted on28 September 202328 September 2023

UnionBank is the first Philippine bank to run workloads on Amazon Web Services Inc. (AWS) local zones. … Read More >UnionBank: Pioneering Philippine banking with AWS local zones

UnionBank’s AI innovation tops Asian Technology Excellence Awards
Categories Business Science & Technology

UnionBank’s AI innovation tops Asian Technology Excellence Awards

Ronnie GuanlaoPosted on25 September 202325 September 2023

UnionBank’s consistent recognitions from prestigious local and regional award giving bodies exemplifies its unwavering commitment to innovation and excellence in providing world-class banking solutions to its valued customers. … Read More >UnionBank’s AI innovation tops Asian Technology Excellence Awards

UnionBank is sole PH universal bank offering mobile crypto trading
Categories Business

UnionBank is sole PH universal bank offering mobile crypto trading

Ronnie GuanlaoPosted on19 September 202319 September 2023

UnionBank demonstrated its pioneering role once more as it has secured a Certificate of Authority from the Bangko Sentral ng Pilipinas to operate as a virtual asset service provider, the country’s exclusive universal bank to provide virtual asset exchange services. … Read More >UnionBank is sole PH universal bank offering mobile crypto trading

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