Category : Search result: Veterans Bank acquisition

World Bank Rates Cebu BRT Project 'Unsatisfactory' Due to Delays

World Bank: Cebu BRT Progress Unsatisfactory

The World Bank labels the Cebu Bus Rapid Transit project's implementation as unsatisfactory, citing high risk and missed targets. Learn about the delays and implications.

PH Aims for Upper Middle-Income Status by 2026, Says Finance Chief Go

PH Targets Upper Middle-Income Economy by 2026

Finance Secretary Frederick Go reaffirms the 2026 target for the Philippines to achieve upper middle-income status, citing economic growth strategies and addressing forex challenges. Read the full story.

Cebu Sales Clerk Arrested for Diverting Customer Payment to Personal Account

Cebu Clerk Jailed for Stealing P3,660 from Engraving Shop

A 35-year-old sales clerk in Cebu City is behind bars after being caught diverting a customer's payment to her personal bank account. The theft occurred at an engraving shop in Barangay Sambag 2. Read the full details of the arrest and investigation.

Japan Posts $2B Trade Surplus, BOJ Rate Hike Expected

Japan's November Trade Surplus Hits $2 Billion

Japan recorded a 322.3 billion yen trade surplus in November as exports rose 6.1%. This strengthens expectations for a Bank of Japan interest rate increase. Read the full analysis.

Security Bank Foundation Opens P18.2-M School Building in Zamboanga

P18.2-M School Building Turned Over to Zamboanga City High

A new P18.2-million, six-classroom building for Technical and Livelihood Education is now operational at Zamboanga City High School-Main, boosting skills training for students. Read more about this investment in education.

Cebu Court Dismisses ATM Skimming Case vs 3 Romanians Over Lack of Evidence

Cebu Court Dismisses ATM Skimming Case vs Romanians

A Cebu court has dismissed the criminal case against three Romanian nationals accused of a P150,000 ATM skimming scheme due to insufficient evidence. Learn why the prosecution's case fell apart.

Robinsons Retail Acquires Premiumbikes for P146M, Enters Motorcycle Market

RRHI Completes P146M Premiumbikes Acquisition

Robinsons Retail Holdings Inc. finalizes its purchase of Premiumbikes Corp. for P146 million, marking its strategic entry into the Philippines' growing motorcycle retail sector. Discover the details of the deal.

BSP Clarifies Rules for Large Withdrawals Over ₱500,000

BSP Eases Rules for Large Cash Withdrawals

BSP ensures smooth withdrawals above ₱500,000. Learn how new circular simplifies documentation for legitimate transactions and promotes secure banking.

PCC Approves Veterans Bank's P2.7B UCPB Savings Bank Acquisition

PCC Clears P2.7B UCPB Savings Bank Acquisition

Philippine Competition Commission approves Veterans Bank's P2.7-billion acquisition of UCPB Savings Bank, ensuring no competition concerns in banking sector. Learn more about this major banking deal.

Philippines, ASEAN, ADB Launch BIMP-EAGA Action Plan on Samal Island

Philippines, ASEAN, ADB Launch BIMP-EAGA Action Plan

Philippines, ASEAN Secretariat and ADB commit to transport and tourism pilot projects under new BIMP-EAGA-ASEAN Plan of Action. Historic meeting establishes formal link between subregional and ASEAN strategies.

Bank Lending Soars by 10.5% in September: What This Means for Davao's Economy

Davao Bank Lending Grows 10.5% in September

Davao's banking sector shows robust growth with double-digit lending expansion, signaling strong economic momentum and increased business confidence in the region.

Metrobank Soars to Record P37.3B Profit in First 9 Months of 2025 - Strongest Performance in Philippine Banking

Metrobank Posts Record P37.3B Profit in 9M 2025

Metrobank achieves historic P37.3 billion net income in first nine months of 2025, driven by robust loan growth and improved margins. Discover how the Philippines' second-largest private universal bank continues its impressive financial trajectory.

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