Philippine Natl Bk

Type: Company
Name: Philippine Natl Bk
First reported 4 hours ago - Updated 4 hours ago - 1 reports

PNB capital hike gets SEC’s green light

Philippine Daily InquirerTycoon Lucio Tan-led Philippine National Bank has obtained approval from the Securities and Exchange Commission to beef up its authorized capital to P70 billion from P50 billion to make room for expansion.This increase in capital ... [Published Philippine Daily Inquirer - 4 hours ago]
First reported 20 hours ago - Updated 20 hours ago - 1 reports

Sandigan forfeits Imelda's P1.25-M travel bond

MANILA - The Sandiganbayan has forfeited the P1.25-million travel bond posted by Ilocos Norte Rep. Imelda Marcos for her visit to China last May.The anti-graft court’s Sheriffs and Security Services Division chief Albert de la Cruz said a check was issued ... [Published ABS-CBN News - 20 hours ago]
First reported Jul 21 2014 - Updated Jul 21 2014 - 1 reports

ICTSI rises to $350m after heavy demand

The Philippine company’s deal was led by mandated lead arrangers and bookrunners Australia and New Zealand Bank and Standard Chartered with both keeping $22m each on their books, according to a banker on the transaction.A total of eight more lenders also ... [Published GlobalCapital - Jul 21 2014]
First reported Jul 20 2014 - Updated Jul 20 2014 - 1 reports

Sandigan forfeits P1.25-M Imelda Marcos travel bond

The forfeiture is in partial fulfillment of the P11.95 million judgment cost imposed by the court against the assets of Mrs Marcos' late husbandCROWNED. Former Philippine first lady and current Congress Representative Imelda Marcos (C) is crowned with ... [Published Rappler - Jul 20 2014]
First reported Jul 19 2014 - Updated Jul 19 2014 - 1 reports

Wells Fargo adds PNB 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 PNB until September 30, 2014Wells Fargo & Company (NYSE: WFC) and the Philippine National ... [Published Balita - Jul 19 2014]
First reported Jul 16 2014 - Updated Jul 16 2014 - 1 reports

PNB targets 100 new branches in next 3 years

MANILA, Philippines - Philippine National Bank, the main banking unit of the Tan Group of Companies, plans to put up 100 new branches in the next three years, according to a bank official.PNB executive vice president for retail banking group Joven Hernandez ... [Published Philippine Star - Jul 16 2014]
First reported Jul 15 2014 - Updated Jul 15 2014 - 2 reports

Philippine National Bank, Wells Fargo ink deal

-- California-based financial services firm Wells Fargo & Co (NYSE: WFC) and the Philippine National Bank said they have inked a deal to allow Wells FargoExpressSend customers to send money to family and friends in more than 600 PNB locations in the Philippines. ... [Published Individual.com - Jul 15 2014]
First reported Jul 10 2014 - Updated Jul 11 2014 - 6 reports

Wells Fargo adds Philippine National Bank to ExpressSend remittance network

Wells Fargo and the Philippine National Bank (PNB) have announced that Wells Fargo ExpressSend customers can now send money to family and friends in more than 600 PNB locations in the Philippines.With the addition of PNB as a Remittance Network Member, ... [Published Payment Eye - Jul 11 2014]
First reported Jul 10 2014 - Updated Jul 10 2014 - 2 reports

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 - Jul 10 2014]
First reported Jul 10 2014 - Updated Jul 10 2014 - 1 reports

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 - Jul 10 2014]
First reported Jul 10 2014 - Updated Jul 10 2014 - 5 reports

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 - Jul 10 2014]
First reported Jun 27 2014 - Updated Jun 28 2014 - 5 reports

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]

Quotes

"Due to severe conditions of rains and winds caused by typhoon Glenda, BDO Metro Manila and nearby affected branches, are suspended in all areas under signal 2 and 3. Please be advised, thank you." (via website)
"We know that remittances are very important to our customers with family and friends in the Philippines, and we know that convenience is an important part of the service we offer" said Daniel Ayala, executive vice president and head of Wells Fargo's Global Remittance Services
...This year, Wells Fargo will celebrate the 20th anniversary of providing low-cost remittance solutions to the Philippines. "This is an important announcement in the remittances space. Remittances into the Philippines have grown by 40% in the past five years, and the country is now the third largest market in the world for inbound cross-border remittances" according to Ron Shevlin, a senior analyst with Boston-based research and advisory firm Aite Group
...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."

More Content

All (131) | News (127) | Reports (0) | Blogs (3) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
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Odd man out [Published Philippine Star - 3 hours ago]
PNB capital hike gets SEC’s green light [Published Philippine Daily Inquirer - 4 hours ago]
Sandigan forfeits Imelda's P1.25-M travel bond [Published ABS-CBN News - 20 hours ago]
ICTSI rises to $350m after heavy demand [Published GlobalCapital - Jul 21 2014]
Sandigan forfeits P1.25-M Imelda Marcos travel ... [Published Rappler - Jul 20 2014]
New scheme for overseas Filipinos to increa... [Published The Gulf Today - Jul 19 2014]
Wells Fargo adds PNB to ExpressSend remittance ... [Published Balita - Jul 19 2014]
After Napoles, lofty-sounding NGOs should ring ... [Published Manila Times - Jul 19 2014]
Ban-Tal is a stern warning [Published Cebu Daily News - Jul 17 2014]
PNB targets 100 new branches in next 3 years [Published Philippine Star - Jul 16 2014]
Why do estate planning? [Published Manila Bulletin - Jul 16 2014]
Bank operations during Typhoon Glenda [Published Business World - Jul 16 2014]
Philippine National Bank, Wells Fargo ink deal [Published Individual.com - Jul 15 2014]
Wells Fargo adds Philippine National Bank as re... [Published Individual.com - Jul 15 2014]
Financial literacy program among SMEs pushed [Published Manila Bulletin - Jul 14 2014]
5-year bonds climb after debt swap plan [Published Manila Standard Today - Jul 11 2014]
Capital raising by listed firms more than doubl... [Published Philippine Star - Jul 11 2014]
Bankers’ club eyes financial literacy sessions ... [Published Sun Star Network - Jul 11 2014]
CARP beneficiaries fighting eviction jailed [Published Philippine Daily Inquirer - Jul 11 2014]
Wells Fargo adds Philippine National Bank to Ex... [Published Payment Eye - Jul 11 2014]
New Cebu bankers prexy vows to reach out to SMEs [Published Philippine Star - Jul 10 2014]
PNB expands remittance network in partnership w... [Published Manila Bulletin - Jul 10 2014]
New BSP regulations on real estate loans cheered [Published Philippine Daily Inquirer - Jul 10 2014]
PNB taps Wells Fargo for US remittance service [Published Philippine Star - Jul 10 2014]
PSE fund raising up 147% at P76.12B [Published Business World - Jul 10 2014]
Market Update: Wells Fargo & Co (NYSE:WFC) – We... [Published Jutia Group - Jul 10 2014]
PNB-Wells Fargo tie-up to boost US-originated r... [Published Business Mirror - Jul 10 2014]
Finance: Stress test 'credit positive' -- Moody's [Published Business World - Jul 10 2014]
Market Update: Wells Fargo & Co (NYSE:WFC) – We... [Published Street Sweeper - Jul 10 2014]
PSEi posts best index growth [Published Malaya Business Insight - Jul 10 2014]
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Wells Fargo Adds Philippine National Bank to Ex... [Published EON Business - Jul 10 2014]
SAN FRANCISCO--(EON: Enhanced Online News)--Wells Fargo adds more than 600 Philippine National Bank locations to its ExpressSend remittance network. ...
Wells Fargo Adds Philippine National Bank to Ex... [Published EON Consumer - Jul 10 2014]
SAN FRANCISCO--(EON: Enhanced Online News)--Wells Fargo adds more than 600 Philippine National Bank locations to its ExpressSend remittance network. ...
Wells Fargo Adds Philippine National Bank to Ex... [Published Business Wire Professional Services News - Jul 10 2014]
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo adds more than 600 Philippine National Bank locations to its ExpressSend remittance network. ...
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