SPEAKING OUT
The proposed merger between Bank of the Philippine Islands (BPI) and Robinsons Bank Corporation (RBC) continued on track with its recent approval in a special BPI stockholders meeting held last week.
BPI Chairman Jaime Augusto Zobel de Ayala, Vice Chairman Cezar P. Consing, Presiden
Merger of BPI, Robinsons Bank completed by next year philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
A possible merger is in the works between Ayala-led Bank of the Philippine Islands and Robinsons Bank Corp. of the Gokongwei Group to form the country’s second largest lender in terms of assets.
FASTEST INNOVATION. Pru LIfe UK president and CEO Eng Teng Wong considers digital payments as the fastest innovation that are greatly helping consumers during the pandemic. He said this system is a win-win proposition for both the consumers and companies because of security features. (Photo from Pru Life UK) MANILA - An insurance firm executive considers digital payments as among the greatest innovations that help ease consumers' financial transactions during the pandemic. In a virtual briefing for the launch of the Robinsons Bank-Pru Life UK Mastercard on Tuesday, Pru Life UK president and chief executive officer (CEO) Eng Teng Wong said electronic payments have risen during the pandemic as more consumers see their benefit in preventing the spread of the virus. He said the shift toward digital payments is benefiting not just the consumers but the companies as well because of their security features, among others. "The consumer comfort level has grown very, very fast. And base