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Security Bank eyes P20B from LTNCDs

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Security Bank Corp.  FILE PHOTO

Security Bank Corp. is raising up to P20 billion from the issuance of high-yielding long-term deposit notes to fund expansion plans.

Posted: July 28th, 2014 in Latest Business Stories | Read More »

BDO nets P11 billion in first half of 2014

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FILE PHOTO

Banco de Oro Unibank posted a net profit of P11.05 billion in the first semester, down 22 percent year-on-year but close to half of the bank’s full-year goal.

Posted: July 28th, 2014 in Latest Business Stories | Read More »

Regulator curbs bank lending to real estate sector

INQUIRER.net file photo

Lending for the construction of new buildings and homes would slow down following the recent imposition of capitalization limits to curb excessive risk taking in the real estate sector.

Posted: July 25th, 2014 in Latest Business Stories | Read More »

Agri loans up in 2013

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Bank loans for agricultural production grew by 13 percent in 2013 to P236.4 billion, according to the Philippine Statistics Authority (PSA).

Posted: July 25th, 2014 in Headlines | Read More »

Metrobank to raise P20B in deposit notes

Local banking giant Metropolitan Bank and Trust Co. plans to raise as much as P20 billion from an offering of high-yielding deposits, seeking to harness funds from the cash-awash financial system.

Posted: July 25th, 2014 in Headlines | Read More »

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