Quantcast
Latest Stories
Home » PNB You are browsing entries tagged with “PNB”

BPI, PNB readies stock rights sale

Two of the country’s biggest banks are all set to brave the capital market through stock rights offerings later this month, with Ayala-led Bank of the Philippine Islands selling P25 billion and tycoon Lucio Tan-led Philippine National Bank selling P11.6 billion in fresh equity.

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

BPI sets stock rights offer at P67.50 per share; PNB’s at P71

By
The Bank of the Philippine Islands will consolidate with Philippine National Bank, ushering in a new wave of mergers and acquisitions among local banks.

Two of the country’s largest banks are all set to brave the capital market through stock rights offerings later this month, with Bank of the Philippine Islands selling P25 billion and Philippine National Bank selling P11.6 billion in fresh equity.

Posted: January 10th, 2014 in Latest Business Stories | Read More »

2 banks’ sub-debt ratings downgraded

Moody’s Investor Service has downgraded the subordinated debt ratings of two local banks amid the global trend of regulators providing less support to lenders at risk of going under.

Posted: September 6th, 2013 in Headlines | Read More »

Allied stockholders to get new PNB shares at P70 each

By

Taipan Lucio Tan-led Philippine National Bank plans to offer new shares to all stockholders of Allied Bank at P70 a piece pursuant to the merger between the two banks through a share-swap arrangement.

Posted: August 16th, 2013 in Headlines | Read More »

Swapping of PNB-Allied shares to complete merger

By
pnb-allied

Philippine National Bank plans to offer new shares to all stockholders of Allied Bank at P70 per share pursuant to the merger between the two banks via a share-swap.

Posted: August 16th, 2013 in Latest Business Stories | Read More »

PNB completes P5-B offer of long-term deposits

By

Philippine National Bank completed a P5-billion offering of long-term deposits on the same day it launched the product—one of the fastest fund-raising seen in the local capital market to date.

Posted: July 26th, 2013 in Headlines | Read More »

PNB attracts P5 B in long-term deposits in record time

By
pnb-logo

Philippine National Bank completed a P5-billion offering of long-term deposits covered by negotiable certificates on the same day the product was launched on Thursday, one of the fastest fund-raising exercises seen in the local capital market to date.

Posted: July 26th, 2013 in Latest Business Stories | Read More »

PNB gets OK for negotiable time deposit certificates

By
pnb-logo

Tycoon Lucio Tan’s banking arm Philippine National Bank has obtained approval from the Bangko Sentral ng Pilipinas to offer as much as P5 billion worth of high-yielding time deposits.

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

Moody’s reviews PNB, RCBC for possible downgrades

By

Two local banks are facing downgrades by debt watcher Moody’s Investor Service, not because of the deterioration in their credit quality, but as a result of a recent change in the rating firm’s methodology when dealing with subordinated debt.

Posted: June 3rd, 2013 in Headlines | Read More »

New advertising tack

By

Television viewers will notice that dominant carrier Smart Communications launched a new set of commercials on all major networks. Even more discerning viewers, however, will notice the absence of the “Live More” phrase that the company has been using for months to paint its rival Globe Telecom in a bad light.

Posted: May 28th, 2013 in Editor's Pick,Headlines | Read More »

PNB shelves merger talks with Ayala-led bank

By

Tycoon Lucio Tan-led Philippine National Bank is shelving merger talks with Bank of the Philippine Islands until such time it has grown big enough to enter a “merger of equals” with leading banks.

Posted: May 28th, 2013 in Headlines | Read More »

PNB maps out 5-year growth plan, shelves merger talks with BPI for now

By
Lucio Tan. FILE PHOTO

Tycoon Lucio Tan-led Philippine National Bank is shelving merger talks with Bank of the Philippine Islands until such time – likely in the next three to four years – that it has become a “bigger, better and stronger” bank that could enter into a merger of equals with leading banks.

Posted: May 28th, 2013 in Latest Business Stories | Read More »

Advertisement

News

  • Napoles tags over 100 officials in pork scam – Lacson
  • Vitangcol to sue Czech envoy
  • Senator’s kickback from pork bigger than those of Enrile, Estrada, Revilla – Lacson
  • 43 out of 414 Etihad passengers yet to be found, tested for MERS-CoV – Palace
  • Sandigan junks Marcos family claim to Paoay property
  • Sports

  • Caguioa blasts ‘no heart, soft’ Ginebra on Twitter
  • San Mig Coffee grinds out win over Alaska to force decider
  • UP nips St. Benilde; Adamson blasts RTU in Filoil women’s caging
  • Kevin Garnett responds to Raptors’ GM F word
  • Albert Pujols hits 500th HR of major league career
  • Lifestyle

  • Entering the monkhood a rite of passage
  • Haneda International Airport: A destination on its own
  • Wanted: Beauty queen with a heart that beats for the environment
  • Kim Atienza: At home with art and design
  • Life lessons I want to teach my son
  • Entertainment

  • Bollywood Oscars, film stars come to Florida
  • Ex-Fox exec denies allegations in sex abuse suit
  • Kris Aquino backtracks, says Herbert Bautista and her are ‘best friends’
  • Summer preview: Chris Pratt enters a new ‘Galaxy’
  • Bon Jovi helps open low-income housing in US
  • Business

  • SM to rebuild Tacloban hospital
  • PSEi slips after 4-day rally
  • Toyota sells 2.58 million vehicles, outselling GM
  • McDonald’s 1Q profit slips as US sales decline
  • SEC approves SM’s P15B retail bond offer
  • Technology

  • ‘Unlimited’ Internet promos not really limitless; lawmakers call for probe
  • Viber releases new design for iPhone, comes to Blackberry 10 for the first time
  • Engineers create a world of difference
  • Bam Aquino becomes Master Splinter’s son after Wiki hack
  • Mark Caguioa lambasts Ginebra teammates on Twitter
  • Opinion

  • One-dimensional diplomacy: A cost-benefit analysis of Manila’s security deal with Washington
  • No ordinary illness
  • Reforest mountains with fire trees and their kind
  • Day of the Earth
  • When will Chinese firm deliver new coaches?
  • Global Nation

  • 19 Ukrainians, Russians, Filipinas rescued in bar raid
  • Filipinos coming home from Mideast must obtain MERS clearance – DOH
  • US Secret Service in Manila ahead of Obama visit
  • Palace thanks Estrada for successful HK mission
  • Hong Kong accepts PH apology; sanctions also lifted
  • Marketplace
    Advertisement