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The Securities and Exchange Commission (SEC) has released the guidelines for the placement of non-compliant corporations under delinquent status, and the revocation of the certificates of registration of inactive corporations. In its SEC Memorandum Circular No. 19, Series of 2023, it provided the guidelines on the declaration of delinquent status and revocation of certificate of
Online lending apps trap borrowers in a cycle of debt. Victims have formed a support group to combat abusive debt collection tactics.
BDO Unibank Inc. (BDO) reported Wednesday that its net income for the nine months to September surged by 35 percent to P53.9 billion from P40 billion a year earlier, anchored on broad-based growth across its core businesses.
FORMER Senator Franklin M. Drilon has been elected as independent director of lender BDO Unibank Inc. Drilon is currently a director of Phinma Education Holdings Inc. and a senior counsel of ACCRA Law. The former senator also served as chairman of Philippine National Bank and as a director of Land Bank of the Philippines. “He
ON Oct. 9, 2023, the Securities and Exchange Commission (SEC) issued SEC Memorandum Circular (MC) 18, Series of 2023, or the guidelines on the submission of digital copies of applications, compliance documents and other requests, and the reduction of hard copies to be filed with the commission.