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PSBank breaks into UITF trade

Philippine Savings Bank, part of the Metrobank group, is breaking into the unit investment trust fund (UITF) trade, citing consumers’ rising in demand for better returns in a record-low interest rate regime.

Posted: March 10th, 2014 in Headlines | Read More »

PSBank gets triple-A credit rating from PH Rating Services Corp.

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Screengrab from http://www.psbank.com.ph

The Metrobank group’s thrift bank arm Philippine Savings Bank has obtained a triple-A credit rating from local credit watcher Philippine Rating Services Corp. for a proposed debt issuance of up to P3 billion.

Posted: February 27th, 2014 in Latest Business Stories | Read More »

PSBank eyes sale of debt notes to beef up capital

Philippine Savings Bank, the thrift unit of the Metrobank group, plans to raise P3 billion from the sale of debt notes qualifying as capital under the Basel 3 framework.

Posted: December 17th, 2013 in Headlines | Read More »

PSBank eyes P3B from sale of debt notes

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psb logo

Philippine Savings Bank, the thrift banking arm of the Metrobank group, plans to raise P3 billion from the sale of debt notes qualifying as capital under the more stringent Basel 3 capital adequacy framework.

Posted: December 17th, 2013 in Latest Business Stories | Read More »

PSBank posts record net profit of P2B in Q1

Philippine Savings Bank, the thrift bank arm of the Metrobank group, generated a record-high net profit of P2 billion in the first quarter as hefty trading gains complemented core interest earnings.

Posted: April 23rd, 2013 in Headlines | Read More »

New PSBank president named

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psbank

Philippine Savings Bank has announced the retirement of long-time president Pascual Garcia III and the appointment of Vicente Cuna Jr., an executive at parent company Metropolitan Bank and Trust Co., as his successor effective Friday.

Posted: April 18th, 2013 in Latest Business Stories | Read More »

PSBank posts record profit

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The Metrobank group’s thrift banking arm, Philippine Savings Bank, ended last year with a record-high net profit of P2.3 billion, as gains in its investment portfolio added to a steady stream of earnings from core lending activities.

Posted: February 8th, 2013 in Headlines | Read More »

PSBank reports P1.38-B profit in 1st half of 2012

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psbank

Philippine Savings Bank (PSBank), the thrift bank of the Metrobank group, grew its first semester net profit by 50 percent to P1.38 billion year-on-year on the back of investment gains and strong loan portfolio growth.

Posted: July 24th, 2012 in Latest Business Stories | Read More »

PSBank reports 1st Q profit of P546 M

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Philippine Savings Bank, the thrift bank of the Metrobank group, grew its first-quarter net profit by 94 percent year-on-year to P546 million as hefty trading gains complemented an expansion in interest earnings.

Posted: April 27th, 2012 in Latest Business Stories | Read More »

PSBank nets record-high P2 billion in 2011

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Philippine Savings Bank, the thrift bank arm of the Metrobank group, grew its net profit last year by 12 percent to a record high P2 billion on higher lending and investment volume as well as improved loan margin.

Posted: February 22nd, 2012 in Latest Business Stories | Read More »

PSBank launches P3B in debt notes

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psbank

Philippine Savings Bank, the thrift bank arm of the Metrobank group, launched on Friday a P3-billion offering of debt notes qualifying as Tier 2 or supplementary capital.

Posted: February 3rd, 2012 in Latest Business Stories | Read More »

PSBank to offer P3B in debt notes

Philippine Savings Bank, the thrift bank arm of the Metrobank group, is set to launch a P3-billion offering of debt notes qualifying as tier 2 or supplementary capital in February to boost funds for expansion.

Posted: January 10th, 2012 in Headlines | Read More »

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