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News and Events

Lend to PH's Second Biggest Bank For 5.5 Years and Earn 5.375% p.a.

Metrobank has started offering LTNCDs that will mature in 2024

The Metropolitan Bank and Trust Company, the country’s second largest bank by assets as of the second quarter of the year, announced in a disclosure to the Philippine Stock Exchange (PSE) that it is offering long-term negotiable certificates of deposit (LTNCDs) that ...

by Pauline Macaraeg  | September 18, 2018 10:00:00
News and Events

Who Are The Highest-Paid Bankers in the Philippines?

Top bank executives in one bank received an average of Php55.8 million each in 2017

A career in the financial industry is generally regarded as one of the most financially rewarding in the Philippines. Based on the average monthly wage rates data released by the Philippine Statistics Authority, “securities and finance dealers and brokers” ranked the second ...

by Pauline Macaraeg  | July 30, 2018 06:00:00
News and Events

PSBank Offering 5.5-Year Time Deposit Certificates That Earn 5% p.a.

Minimum placement is Php50,000 and offer period lasts from July 24 to August 2

The Philippine Savings Bank (PSBank), the thrift bank arm of the Metrobank group, has started offering Php3-billion worth of long-term negotiable certificates of time deposit (LTNCTD) with an annual interest rate of five percent on July 24. Metrobank is the country’s second ...

by Elyssa Christine Lopez  | July 26, 2018 05:00:00
News and Events

Which Bank Branches Are Open During Holy Week?

Guide to operating hours of the country’s top banks during the Lenten break

Banking clients are advised to finish all their banking transactions on or before Wednesday, March 28, as most banks will be closed this Holy Week.From Maundy Thursday (March 29) until Easter Sunday (April 1), only a few branches of Metropolitan Bank & ...

by Pauline Macaraeg  | March 28, 2018 09:00:00
News and Events

Buying Retail Treasury Bonds Paying 4.625% p.a.? Banks Advise Investors to Apply Well Ahead of Nov. 29 Deadline

It takes days for bank branches to get back to you with confirmation your application has been accepted partially or fully

Like the previous offering in April, the investing public welcomed the government’s latest retail treasury bonds (RTB) issue warmly, perhaps because it was timed just when people are about to receive their yearend or holiday bonuses.If you’re keen to buy the five-year ...

by Elyssa Christine Lopez  | November 24, 2017 01:00:00
News and Events

Is Your Company Among 6 PH Firms Included in Forbes’ List of the World’s Best 500 Employers?

The local companies include the country’s biggest banks and property developers

Six of the largest companies in the Philippines are among the best employers in the world, according to US business magazine Forbes.In its first-ever listing of The World’s Best Employers, Forbes ranked 500 companies around the world that were most recommended by ...

by Lorenzo Kyle Subido  | October 16, 2017 05:00:00
News and Events

Bank Schedule for Holy Week 2017

Most will be closed, so make sure you're prepared

Banks are advising clients to accomplish all over-the-counter banking transactions by April 12, Wednesday, as most bank branches will be closed from April 13, Maundy Thursday, to April 16, Easter Sunday. However, a few banks will open some branches with adjusted hours ...

by Pauline Macaraeg  | April 12, 2017 11:00:00
News and Events

Your bank schedules for Undas 2016

Select banks have announced their holiday bank skeds ”" check it out

With the upcoming four-day long weekend, many are expected to embark on long trips to the provinces, vacations abroad or simply go for some early Christmas shopping. Whatever your plans may be, be sure you already have all your bills and cash ...

by Elyssa Christine Lopez  | October 27, 2016 05:00:00
Startup Tips

Going to the bank for business funding

Don’t overlook the obvious ”" bank loans are an option if you have collateral

Banks, which look for predictability, are the more likely source of funding for more traditional, established businesses needing capital.Kerwin Wesley Co, vice president at Global Winds Corporation which imports and distributes pest control products, says he was met with some resistance at ...

by Entrepreneur Staff  | September 09, 2016 05:00:00
News and Events

SM Investment Corporation leads Filipino firms on Forbes Global 2000 list

SMIC continues to be the top Filipino firm at 864th, while 8 other homegrown companies join the ranking.

SM Investments Corporation (SMIC) continues its streak to be the top Filipino firm in the prestigious “Forbes Global 2000” list with eight others from the country joining the roster of the world’s “biggest, most powerful and most valuable companies.”The list features companies ...

by Elyssa Christine Lopez  | May 26, 2016 02:00:00
News and Events

Bank schedules for Holy Week 2016

(UPDATED) Customers are advised to accomplish all bank activities before the Holy Week break.

Please update this page for further announcements.(UPDATED) Most banks will be closed starting Maundy Thursday, March 24, with some selected bank branches open for customers during the Holy Week.BPI (Bank of the Philippine Islands) and BPI Family Savings BankAll branches and kiosks ...

by Entrepreneur Staff  | March 20, 2016 01:00:00
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