Philippine Natl Bk

Type: Company
Name: Philippine Natl Bk
First reported Jul 24 2014 - Updated Jul 24 2014 - 1 reports

Asian loans in brief, July 25, 2014

Strong demand propels ICTSI loan to $350mA strong response from lenders and heavy oversubscription during general syndication has led International Container Terminal Services Inc (ICTSI) to increase its revolver to $350m from the launch size of $250 ... [Published GlobalCapital - Jul 24 2014]
First reported Jul 23 2014 - Updated Jul 23 2014 - 1 reports

Opening RP banking industry to foreigners not a problem

Sen. Sergio Osmeña III yesterday said he wants to know the yardsticks used by Rep. Emi de Jesus of Gabriela for issuing a warning that there will be massive job losses once the local banking industry is opened to foreigners.“Can she explain how it would ... [Published Philippines Daily Tribune - Jul 23 2014]
First reported Jul 22 2014 - Updated Jul 22 2014 - 2 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 - Jul 22 2014]
First reported Jul 22 2014 - Updated Jul 22 2014 - 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 - Jul 22 2014]
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 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 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 11 2014 - Updated Jul 11 2014 - 1 reports

5-year bonds climb after debt swap plan

By Clarissa BatinoPhilippine five-year bonds rose, pushing the yield to the lowest level since March, after the government said it will offer longer-dated notes in exchange for shorter tenors.The government plans to swap at least P50 billion ($1.1 billion) ... [Published Manila Standard Today - Jul 11 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]

Quotes

"They said we have money but we need an additional P45 million. We will return the allotment and give me a full P245 million. We saw that they needed to fix it. This was for research, for their e-library and it is important for a deliberative assembly like Congress" he said
Samish Kumar, CEO of TRANSFAST, stated: "Together with our new Filipino banking partners, TRANSFAST continues to build on our industry-leading investment in the Philippines market. Our continued commitment to technological innovation helps deliver an unparalleled combination of value, convenience, and service for Filipino customers around the world."
"EastWest stores in areas NOT affected by the Typhoon are open today."

More Content

All (114) | News (110) | Reports (0) | Blogs (3) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
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The Doctrine Will See You Now: The facts on ope... [Published Interaksyon - 10 hours ago]
Who got DAP? Everyone, says Abad [Published ABS-CBN News - Jul 25 2014]
Asian loans in brief, July 25, 2014 [Published GlobalCapital - Jul 24 2014]
TRANSFAST Expands Instant Bank Deposits for Mon... [Published EMoneyDaily - Jul 24 2014]
Opening RP banking industry to foreigners not a... [Published Philippines Daily Tribune - Jul 23 2014]
Full entry of foreign banks detrimental to empl... [Published Bulatlat.com - Jul 23 2014]
Odd man out [Published Philippine Star - Jul 22 2014]
PNB capital hike gets SEC’s green light [Published Philippine Daily Inquirer - Jul 22 2014]
SEC approves PNB's capital increase [Published Interaksyon - Jul 22 2014]
Sandigan forfeits Imelda's P1.25-M travel bond [Published ABS-CBN News - Jul 22 2014]
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]
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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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