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Banks

PNB records P11.1 billion net income for 1st half of 2022

  • February 7, 2022
  • 2 minutes read
  • 1749 Views

Philippine National Bank (PSE: PNB) ended the first half of 2022 with net income of P11.1 billion, increasing by P8.2 billion from the net results as of the first quarter of the year, mainly due to higher net interest income and gain on sale of a major investment property, as well as net reversals of

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Ayala Group of Companies
Holding Firms

Ayala’s 56 percent net profit growth in 1H22 spurred by local economic recovery

  • February 7, 2022
  • 11 minutes read
  • 733 Views

Ayala Corporation | 1H 2022 Earnings Release 1H22 vs 1H21 Highlight Ayala’s net income grew 56 percent to ₱16.3 billion in the first semester of 2022 mainly due to BPI’s higher revenues, reduced provisioning, and gain from a property sale, Ayala Land’s strong leasing revenues from shopping centers and hotels and resorts, and Globe’s higher

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Robinsons Land Corporation
Property

RLC’s Historic Bond Listing

  • October 4, 2021
  • 1 minute read
  • 6289 Views

“Robinsons Land Corporation (RLC), a leading real estate developer in the Philippines, returned to the local debt capital markets with the historic listing of its Php15-billion fixed-rate bonds at the Philippine Dealing and Exchange Corp. (PDEx) on August 26, 2022. The transaction drew total bids of Php120 billion, 12 times the base offer, prompting the

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