BSP eases rules on sale of bank investment products
By Michelle V. RemoThe Bangko Sentral ng Pilipinas has allowed banks to tap more financial institutions outside the regulatory ambit of the BSP to sell their investment products.
The Bangko Sentral ng Pilipinas has allowed banks to tap more financial institutions outside the regulatory ambit of the BSP to sell their investment products.
The Bangko Sentral ng Pilipinas expects capital markets to favor peso-denominated assets following the economy’s ability to sustain a healthy growth rate in the second quarter.
Filipino investment banker Manuel Tordesillas has been named by Maybank Kim Eng, a leading securities and investment brokerage group in Asia, as its regional head for investment banking and advisory.
The plan of the Rizal Commercial Banking Corp. (RCBC) to issue bonds in the international capital market has been evaluated by key ratings firms as the bank expects to raise funds to support its lending and other banking businesses.
First Metro Investment Corp., the investment banking unit of the Metrobank group, plans to debut in the local bond market by October with an offering of as much as P7 billion worth of retail bonds. FMIC has obtained approval from its board to float the bonds, the company told the Philippine Stock Exchange Friday. “This [...]
