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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 »

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