Corporate debt funds eyed to prevent financial crunch amid COVID-19 crisis

Corporate debt funds eyed to prevent financial crunch amid COVID-19 crisis

SEC chair Emilio Aquino The Securities and Exchange Commission seeks to help prevent the coronavirus (COVID-19) pandemic from spawning local financial crunch by soon allowing the creation of new investment vehicles called corporate debt funds (CDFs) that will primarily invest in corporate debt papers of large and medium enterprises. “With the proposed regulatory framework, we […]
RCBC unveils financial inclusion ‘super app’

RCBC unveils financial inclusion ‘super app’

Yuchengco-led Rizal Commercial Banking Corp. (RCBC) has entered the mobile banking race with the launch of “DiskarTech,” touted as a financial inclusion “super app” that offers in sachet format vital services needed by “unserved” and “underserved” consumers. “The...