Philippine Natl Bk

Type: Company
Name: Philippine Natl Bk
Publicerad 2 hours ago - uppdaterad 1 hour ago - 2 rapporter

New BSP regulations on real estate loans cheered

New regulations requiring banks to maintain higher levels of capital to account for real estate loans are expected to make the local industry stronger, protecting it from any emerging stresses that threaten the sector’s well-being.Moody’s Investor Service ... [Published Philippine Daily Inquirer - 1 hour ago]
Publicerad 3 hours ago - uppdaterad 1 hour ago - 1 rapporter

Wells Fargo Adds Philippine National Bank to ExpressSend Remittance Network

Expands coverage to more than 5,700 branches and 6,700 ATMs in Philippines; also offers transfer fee waiver for all transactions sent from an eligible account to Philippine National Bank until September 30, 2014SAN FRANCISCO--(BUSINESS WIRE)--Jul. 10, ... [Published BusinessWeek - 3 hours ago]
Publicerad 7 hours ago - uppdaterad 1 hour ago - 5 rapporter

PSE fund raising up 147% at P76.12B

In a statement, the PSE reported a 147.2% increase in fund raising for the period to P76.12 billion.This year, DoubleDragon Properties Corp. and Century Pacific Food, Inc. conducted initial public offerings, while 8990 Holdings, Inc. had a follow-on ... [Published Business World - 1 hour ago]
Publicerad 3 hours ago - uppdaterad 1 hour ago - 5 rapporter

Market Update: Wells Fargo & Co (NYSE:WFC) – Wells Fargo Adds Philippine National Bank to ExpressSend Remittance Network

[Business Wire] – Wells Fargo & Company and the Philippine National Bank will allow Wells Fargo ExpressSend® customers to send money to family and friends in more than 600 PNB locations in the Philippines.Read more on this.Wells Fargo & Company (WFC) ... [Published Jutia Group - 1 hour ago]
Publicerad Jul 09 2014 - uppdaterad Jul 09 2014 - 1 rapporter

SPED Center pupils taught on value of saving money

by Harley F. PalangchaoHundreds of pupils of SPED Center Baguio on July 1 opened their piggy banks full of coins, which they saved for months in support of the National Savings Consciousness Week.These coins were later changed to crisp bills and deposited ... [Published Baguio Midland Courier - Jul 09 2014]
Publicerad Jul 05 2014 - uppdaterad Jul 05 2014 - 1 rapporter

Private groups put up housing project

TACLOBAN CITY, Philippines — A total of 492 families, who survived the Yolanda devastation, will soon be owners of a house and lot in Barangay Bagacay of this city, under the community mortgage program as a result of the initiative set between the Campos ... [Published Philippine Star - Jul 05 2014]
Publicerad Jul 03 2014 - uppdaterad Jul 03 2014 - 1 rapporter

Banks eyeing to buy UCPB down to 2 — MB

The race to acquire the 72.2-percent government share of United Coconut Planters Bank (UCPB) is now just limited to two banks and there is a possibility that before the end of the year, the bank will have a new owner, the Monetary Board (MB), the policy-making ... [Published Philippines Daily Tribune - Jul 03 2014]
Publicerad Jul 02 2014 - uppdaterad Jul 03 2014 - 1 rapporter

DEALTALK-Bevy of foreign suitors woo Philippine banks ahead of deregulation

(For more Reuters DEALTALKS, double click on )* New law will allow 100 pct foreign ownership of lenders* Mitsubishi UFJ, CIMB and TPG among suitors - bankers* Targets include Rizal Commercial Banking Corp - bankers* Bank sector showing strong loan growth ... [Published CNBC - Jul 02 2014]
Publicerad Jun 27 2014 - uppdaterad Jun 28 2014 - 5 rapporter

EDC raises $90m for Philippines wind farm

EDC chief finance officer Nestor Vasay said the amount was part of the second tranche of the $150-million total bridge financing for the second phase of the Burgos wind power project.“The $90 million is the US dollar component of the bridge loan. Both ... [Published Regulación Eólica con Vehículos Eléctricos - Jun 28 2014]
Publicerad Jun 17 2014 - uppdaterad Jun 17 2014 - 4 rapporter

EDC secures P2.7-B funding for wind farm project

MANILA, Philippines - Lopez-led geothermal firm Energy Development Corp. (EDC), has signed separate two-year bridge facilities worth P2.7 billion with two local banks to partly fund the construction of the second phase of the 150-megawatt Burgos Wind ... [Published Philippine Star - Jun 17 2014]
Publicerad Jun 16 2014 - uppdaterad Jun 16 2014 - 3 rapporter

Lucio Tan’s UCPB acquisition plan should prompt competing bids

The announced plan of the Philippine National Bank (PNB) to possibly acquire the United Coconut Planters Bank (UCPB) is rated by an international credit watcher as “credit positive” for the government-controlled lender.In a statement released on Monday, ... [Published Business Mirror - Jun 16 2014]
Publicerad Jun 15 2014 - uppdaterad Jun 16 2014 - 2 rapporter

Who is Karla Martinez Ignacio and why should we remember her name?

Based on the records of the Department of Justice, a woman named Karla Martinez Ignacio is the first person ever to be indicted for computer fraud under the Philippines' Cybercrime Prevention Act of 2012.Agence France-Presse (via ABS-CBNnews.com) reports ... [Published Spot.ph - Jun 16 2014]

Citat

...is an important part of the service we offer," said Daniel Ayala, executive vice president and head of Wells Fargo's Global Remittance Services. "By adding PNB, the 4th largest bank in the Philippines, we are able to expand our payout network, making it easier than ever for customers to support their family and friends in the Philippines."
...pace as shown in the rise in net foreign inflows all the way to the end of June," said PSE President and Chief Executive Hans Sicat on Thursday. "We are again poised for another banner year based on various growth metrics."
"We have seen an increase month-on-month in our liquidity levels. If this pace continues, we think we can get to at least our average trading levels of last year" Sicat said. – Danessa O Rivera /VS, GMA News
Section 3(a) of the said law states that it is unlawful for public officials to "[persuade, induce or influence] another public officer to perform an act constituting a violation of rules and regulations duly promulgated by competent authority or an offense in connection with the official duties of the latter, or allowing himself to be persuaded, induced, or influenced to commit such violation or offense."

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New BSP regulations on real estate loans cheered [Published Philippine Daily Inquirer - 1 hour ago]
PNB taps Wells Fargo for US remittance service [Published Philippine Star - 1 hour ago]
PSE fund raising up 147% at P76.12B [Published Business World - 1 hour ago]
Market Update: Wells Fargo & Co (NYSE:WFC) – We... [Published Jutia Group - 1 hour ago]
PNB-Wells Fargo tie-up to boost US-originated r... [Published Business Mirror - 1 hour ago]
Finance: Stress test 'credit positive' -- Moody's [Published Business World - 2 hours ago]
Market Update: Wells Fargo & Co (NYSE:WFC) – We... [Published Street Sweeper - 2 hours ago]
PSEi posts best index growth [Published Malaya Business Insight - 3 hours ago]
Wells Fargo Adds Philippine National Bank to Ex... [Published BusinessWeek - 3 hours ago]
Wells Fargo Adds Philippine National Bank to Ex... [Published EON Business - 3 hours ago]
Wells Fargo Adds Philippine National Bank to Ex... [Published EON Consumer - 3 hours ago]
Wells Fargo Adds Philippine National Bank to Ex... [Published Business Wire Professional Services News - 3 hours ago]
Fundraising surges on Philippine bourse [Published Nikkei Asian Review - 3 hours ago]
Capital raised from PSE reached P76.12B in firs... [Published GMA News Online - 6 hours ago]
Philippine stock market is Asean's best-perform... [Published Interaksyon - 7 hours ago]
PNB, Wells Fargo tie up to offer remittance ser... [Published Interaksyon - 9 hours ago]
Where the ‘Pastor’ feeds his ‘flock’ [Published Philippine Star - Jul 09 2014]
BSP Recognizes the Support and Contribution of ... [Published Bangko Sentral ng Pilipinas - Jul 09 2014]
SPED Center pupils taught on value of saving money [Published Baguio Midland Courier - Jul 09 2014]
Anti-graft court's Top 10 cases involve billion... [Published Rappler - Jul 06 2014]
Private groups put up housing project [Published Philippine Star - Jul 05 2014]
Bing, Newks engage in ‘word war’ [Published Panay News - Jul 05 2014]
SSS increases presence in Batanes, reaches out ... [Published Panay News - Jul 04 2014]
Banks eyeing to buy UCPB down to 2 — MB [Published Philippines Daily Tribune - Jul 03 2014]
Puentevella trumpets changes, bares plans [Published Sun Star Network - Jul 03 2014]
DEALTALK-Bevy of foreign suitors woo Philippine... [Published CNBC - Jul 02 2014]
Leyte withdraws P100-M PNB Tacloban deposit [Published Yahoo Philippines News - Jul 02 2014]
SSS reaches out to Ivatans by opening new offic... [Published Daily Zamboanga Times - Jul 02 2014]
Projects of late Urbiztondo mayor stopped [Published Sunday Punch - Jul 01 2014]
PBCom eyeing UCPB stake [Published Philippine Daily Inquirer - Jun 29 2014]
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Wells Fargo Adds Philippine National Bank to Ex... [Published EON Business - 3 hours ago]
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