Communications Pbcom News Today

Requisites for a valid novation

LISTED investment and holding firm Philippine Realty and Holdings Corp. (Philrealty) said Thursday it had secured a P3.8-billion loan from the Philippine Bank of Communications (PBCom) to partially finance the construction of a residential condominium project in Taguig City.

The Bangko Sentral ng Pilipinas has awarded a universal banking license to  Lucio Co’s Philippine Bank of Communications.

Philippine Bank of Communications (PBCom) announced that former Securities and Exchange Commission Chairperson Teresita J. Herbosa has been elected as independent member of its Board of Directors. In a disclosure to the Philippine Stock Exchange, the bank said Herbosa was elected by its Board upon

RETAIL INVESTMENTS. The Bureau of the Treasury (BTr) on Tuesday (Aug. 23, 2022) started the two-week offering of the 5.5-year retail treasury bond (RTB), which fetched a rate of 5.579 percent. National Treasurer Rosalia de Leon is optimistic about the strong demand for the debt paper given the volume of bids during the rate-setting auction. (Photo from BTr Facebook page) MANILA - The coupon rate of the 5.5-year retail treasury bond (RTB) that the Bureau of the Treasury (BTr) will issue for two w...

The Bangko Sentral ng Pilipinas has upgraded the status of Lucio Co’s Philippine Bank of Communications to a universal bank allowing it to invest in non-allied enterprises.

It has been raining cats and dogs for over a week. What we experienced, based on an old folklore is the proverbial “siyam-siyam” or incessant rain for nine days! This prevented most of us from doing our usual chores with our laundry hamper already brimming. A different kind of turbulent weather is haunting the restructuring program of Philippine Airlines (PAL). I heard the flag carrier’s top honcho Gilbert Sta. Maria and PAL independent member of the board Gregorio “Greggy” Yu flew to...