Bank of the Philippine Islands’ (BPI) newest time deposit product may not fully shield you from inflation, but it does offer an improved savings mechanism while helping save the planet. Launched
In this case, it comes with the opportunity to support loans for renewable energy projects, green buildings as well as construction and businesses focused on lowering energy consumption.
Fortunately for the country’s first tech “unicorn,” or “double unicorn” at that, GCash is one of just a handful of its global peers that had gone over the hump.GCash is also pleasantly surprised that despite the dip in e-commerce activities in the Philippines after the relaxation of local quarantine protocols, its own volume has continued to grow.
GCash vows to use this time to consolidate operations after the rapid buildup in business during the lockdowns, which had accelerated consumer digitalization and thus forced it to mature faster, from just emerging out of the startup phase before the pandemic. “I think we’re on the right path, so we continue to focus on growing our use cases, our businesses, making them more stable. We don’t know what will happen, so we’re making it more resilient, waiting for the external environment, for the stars to align,” she added.Billionaire Arthur Ty-led banking giant Metropolitan Bank & Trust Co. is on a roll as it dominated awards for the sale of corporate and government securities.
Metrobank also bagged the top sell-side institution award for a third straight year during the 2022 Asset Benchmark Research Awards. Recognized were top traders under the Region’s best local currency bond award category. With this offering, users can have access to the internet for one hour for P5, and 12 hours for P20. Subscribers can also pay P50 to P500 to have connectivity for three to 30 days.
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