Prøve GULL - Gratis
2 Rural Banks Merge as Industry Consolidation Continues
The Philippine Star
|March 22, 2025
Two more rural banks have merged as part of ongoing efforts to strengthen the financial sector, with the Bangko Sentral ng Pilipinas (BSP) continuing to promote consolidation for improved risk management.
In a circular letter signed by BSP Deputy Governor Chuchi Fonacier, the central bank announced that Zambales Rural Bank Inc. and Bridgeway Rural Banking Corp. have officially merged.
The merger took effect on Feb. 18 after obtaining the necessary regulatory approvals, with Zambales Rural Bank serving as the surviving entity.
"The entire assets and liabilities of Bridgeway Rural Banking Corp. will be transferred to and absorbed by Zambales Rural Bank," Fonacier said, adding that the merged bank began operations on Feb. 21.
Denne historien er fra March 22, 2025-utgaven av The Philippine Star.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The Philippine Star
The Philippine Star
SEC issues new compliance rules for one-person corporations
The Securities and Exchange Commission (SEC) is seeking to improve compliance among one-person corporations (OPCs) by establishing new monitoring guidelines.
2 mins
February 23, 2026
The Philippine Star
SETTLING HOOPDOM'S GOAT DEBATE
Preceding the year-end holidays, my gratitude addressed special friends for a couple of books sent from the USA.
5 mins
February 23, 2026
The Philippine Star
Senate sets caucus on talks with China, Bato absence
The Senate is set to convene an all-senators’ caucus today to establish ground rules for potential dialogues with the Chinese embassy regarding the West Philippine Sea (WPS) issue, while also addressing the prolonged absence of Sen.
1 mins
February 23, 2026
The Philippine Star
Stocks to ride positive momentum
The local stock market hopes to keep its winning streak alive this week, inspired by the Bangko Sentral ng Pilipinas (BSP)’s recent rate cut and a slew of corporate earnings results.
1 mins
February 23, 2026
The Philippine Star
Rody's family can't visit until Feb. 27
Members of the Duterte family will not be allowed to visit the former president during confirmation of charges hearings at the International Criminal Court in The Hague, Netherlands.
1 min
February 23, 2026
The Philippine Star
Peso recovers lost ground
At the start of 2026, many analysts had been bracing for the peso to drift toward the psychological 60-per-dollar level.
2 mins
February 23, 2026
The Philippine Star
ICC begins confirmation hearing on Rody case today
He may not be present in person or even virtually, but everything that will be discussed inside Courtroom 1 of the International Criminal Court (ICC) in The Hague this week will be all about former president Rodrigo Duterte.
4 mins
February 23, 2026
The Philippine Star
'UNTIL SHE REMEMBERS' EXAMINES LOVE WHEN MEMORY FAILS
AMID THE WELL-PHOTOGRAPHED, CRISP TRAILER of \"Until She Remembers,\" images of women emerge one by one, accompanied by their voices.
3 mins
February 23, 2026
The Philippine Star
Sunset for sugar?
The sun is setting on the Philippine sugar industry but our government refuses to acknowledge it, delaying efforts to transition the poor workers who are dependent on it.
4 mins
February 23, 2026
The Philippine Star
HOW A KAPRE AND 6,7 ARE ENGAGING GEN-Z
We never heard such deafening screaming at a theater for some time, thanks to high school students reacting to kilig moments between a hot kapre and an alluring provincial maiden who have undercurrents of desire that were titillating these Zoomers.
4 mins
February 23, 2026
Listen
Translate
Change font size