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Security Bank Strengthens Credibility and Trust with ISO Certification

12/29/2024

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Security Bank Strengthens Credibility and Trust with ISO Certification
Security Bank Corporation (PSE:SECB) received ISO 22301:2019 certification from The British Standards Institution (BSI) at an awarding ceremony at Security Bank Centre on December 12, 2024. 

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Security Bank and SMC Asia Car Distributors Offer Flexible Leasing Options

12/29/2024

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Security Bank and SMC Asia Car Distributors Offer Flexible Leasing Options
Security Bank and its subsidiary, SB Rental Corporation, held a ceremonial contract signing on November 29, 2024 with SMC Asia Car Distributors Corporation (BMW Phil), the authorized importer and distributor of BMW Group products in the Philippines. The agreement enables Security Bank to offer BMW cars and motorcycles leasing to clients with features such as low initial cash outlay and flexible payment terms.

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GoTyme Bank's Major Shareholder Tyme Group Achieves Unicorn Status with Major Investment from Nubank

12/29/2024

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GoTyme Bank's Major Shareholder Tyme Group Achieves Unicorn Status with Major Investment from Nubank
GoTyme Bank’s major shareholder Tyme Group, the multi-country digital banking group headquartered in Singapore with 15 million customers across Africa and Southeast Asia, announced that Nubank (Nu) led its Series D capital raise. Nu is a New York Stock Exchange (NYSE) listed digital bank with 110 million customers and a market capitalization of over US$57 Billion.

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917Ventures’ EV Charging Startup Finds a New Home Under ACMobility

12/29/2024

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917Ventures’ EV Charging Startup Finds a New Home Under ACMobility
ACMobility has acquired Evro, the Philippines' first brand-agnostic roaming electric vehicle (EV) charging network, which was developed by Globe's venture building and technology innovation arm, 917Ventures.

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EastWest Bank Collaborates with GCash to Deliver Accessible Lending Options

12/29/2024

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EastWest Bank Collaborates with GCash to Deliver Accessible Lending Options
East West Banking Corporation (EW), a leader in consumer-centric banking, proudly announced a groundbreaking partnership with GCash, the Philippines’ leading finance super app, to enable millions of Filipinos to have greater access to lending opportunities.

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PSE to Acquire 61.92 Percent of PDS for P2.32 Billion

12/27/2024

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PSE to Acquire 61.92 Percent of PDS for P2.32 Billion
The Philippine Stock Exchange, Inc. (PSE) is set to add 61.92 percent to its existing 20.98 percent stake in the Philippine Dealing System Holdings Corporation (PDS) after signing agreements with PDS shareholders on December 26, 2024.

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Lorenzo Shipping Approved 270,000,000 Common Shares Issuance

12/27/2024

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Lorenzo Shipping Approved 270,000,000 Common Shares Issuance
The Board of Directors of Lorenzo Shipping Corporation approved today the issuance of 270,000,000 common shares of the Corporation, from the unissued portion of the authorized capital stock of the Company, at its par value of P1.00 per share, for a total amount of P270,000,000.00, in favor of National Marine Corporation (NMC).

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Global Ferronickel Holdings No Longer Pursues FNI Rebar Steel Project

12/27/2024

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Global Ferronickel Holdings No Longer Pursues FNI Rebar Steel Project
At its meeting on December 27, 2024, upon assessment of its strategic priorities, the Board of Directors of Global Ferronickel Holdings, Inc. (FNI) was informed by the management of FNI Steel Corporation that it will no longer pursue its planned FNI Rebar Steel Project, prospectively explored since 2019.

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SM Group Approaches 2025 with Cautious Optimism

12/27/2024

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SM Group Approaches 2025 with Cautious Optimism
The SM Group is cautiously optimistic about the coming year, buoyed by the Philippine economy's continued growth.​

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Designing for the Future: An Architect's Lens on SM Group's Vision

12/26/2024

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Designing for the Future An Architect's Lens on SM Group's Vision
With an average of 20 typhoons hitting the country every year, incorporating disaster resilience and sustainability into building designs has become essential for SM's integrated property development arm, SM Prime Holdings, Inc.

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