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BPI-Robinsons Bank merger on track

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 ....

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Robinsons Bank drives growth with new products, services

Gokongwei-owned Robinsons Bank is further strengthening its business as it continues to create new products and services relevant to Filipinos. ....

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Digital payments 'greatest' innovations to ease financial deals

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 ....

The Philippines , Bangko Sentral , Eng Teng Wong , Antonio Sarte , Robinsons Bank , Robinsons Bank Pru Life United Kingdom Mastercard , Pru Life United Kingdom , Fastest Innovation Pru Life Uk President And Ceo Eng Teng Wong Considers Digital Payments As The That Are Greatly Helping Consumers During Pandemic He Said This System Isa Win Proposition For Both Companies Because Of Security Features Photo From Manila An Insurance Firm Executive Among Greatest Innovations Help Ease 39 Financial Transactions Ina Virtual Briefing Launch Robinsons Bank Mastercard On Tuesday , Ru 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 Spread Of Virus He Shift Toward Digital Is Benefiting Not Just But Companies Well Because Security Features , Mong Others Quot The Consumer Comfort Level Has Grown Very , Ery Fast And Based On My Personal Experience , He Fastest Innovation That Happened In The Entire Banking Arena Is Really Payments Space Led By Credit Cards , Uot He Said The Robinsons Bank Pru Life Uk Mastercard Is Exclusive To Policy Holders And Registrants Of Their Company 39s Mobile App , Ulse Among Its Benefits Are Free Annual Membership Fee For The First Year And Waived Fees In Succeeding Years If Policy Premium Is Enrolled Auto Charge Facility , Ero Percent Installment For Three Months On Drugstores And Hospital Bills With Minimum Transaction Of Php3 , 000 And Maximum Of Php50 , 000 Annually , Nd Exclusive Discounts And Deals On Membership Fee Of Active Lifestyle Health Wellness Products Robinsons Bank Executives Target To Issue Around 50 , 000 Of The Co Branded Credit Card Within 12 Months , Iting That There Are Already Around 15 , 000 Applications For This Card To Date During The Same Briefing , Obinsons Bank President And Ceo Antonio Sarte Said Credit Cards Provide Pru Life Uk Policyholders Financial Flexibility As Well Exclusive Benefits For Health Wellness Deals Quot With The Philippines On Road To Economic Recovery Our Vaccination Rate Steadily Climbing , E Encourage Our Customers To Protect Their Health And Future , Uot He Said Asked About The Impact Of Bangko Sentral Ng Pilipinas 39 Bsp Cap On Credit Card Interest Rate , Arte Said He Considers This Asa Temporary Hit On The Bank 39s Profitability Quot Just Have To Absorb It Help Our Clients And Adjust Own Cost Cope Up Quoti Think 39 Sa Ona Lot Of Us In Terms Financial For Credit Card But Doesn 39t Make Product Unprofitable You Certain Things Sure We Can Continue Serve , Uot He Added The Bsp Retained Cap On Interest Rates All Credit Card Retail Purchases And Cash Advances At 24 Percent Annually Or 2 Per Month Following Cut In Central Bank 39s To Help Consumers Economy During Pandemic Its Key Policy Were Slashed Bya Total Of 200 Basis Points 2020 Encourage Lending Activities Weather Impact Virus Induced Pna ,