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In late November 2022, seven lawmakers in the Philippine House of Representatives, including Martin Romualdez and Sandro Marcos, filed House Bill No. 6398, [b] proposing the creation of a sovereign wealth fund for the Philippines to be known as the Maharlika Wealth Fund (MWF), inspired from South Korea's sovereign wealth fund. The fund, if ...
The Home Development Mutual Fund (HDMF), commonly known as the Pag-IBIG Fund (acronym of its Filipino name: Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya at Gobyerno [a]), is a government-owned and controlled corporation under the Department of Human Settlements and Urban Development of the Philippines responsible for the administration of the national savings program and affordable ...
This is the list of assets owned by PLDT. The following are wholly owned by PLDT unless otherwise indicated. ... ACeS Philippines Satellite Corporation [3] Mabuhay ...
An asset management company is an asset management / investment management company/firm that invests the pooled funds of retail investors in securities in line with the stated investment objectives. For a fee, the company/firm provides more diversification , liquidity , and professional management consulting service than is normally available ...
The Philippine Deposit Insurance Corporation (Filipino: Korporasyon ng Pilipinas sa Seguro ng Deposito, [1] abbreviated as PDIC) is a Philippine government-run deposit insurance fund. It was established on June 22, 1963, by Republic Act 3591. It guarantees deposits up to ₱500,000. [2]
Sterling Bank of Asia (SBA) (Hokkien Chinese: 融通亞洲銀行; Pe̍h-ōe-jī: Iông-thong A-chiu Gûn-hâng [3]) is a savings bank in the Philippines principally owned by the JTKC Group of Companies, Surewell Equities, and Star Equities engaged in diverse industries ranging from logistics to finance, real estate, manufacturing, hotel and resort properties.
Metro Pacific Investments Corporation (MPIC) is a Philippine unit investment holding company of First Pacific Company Limited through Metro Pacific Holdings, Inc. [3] MPIC through its subsidiaries, provides water, sanitation, and sewerage services and also operates in real estate, and infrastructure projects.
It is the second largest rural bank in the Philippines in terms of assets. [38] It was formerly known as Green Bank (or the Rural Green Bank of Caraga), which was a Philippine rural bank based in Butuan and also acquired since 2013 by East West Banking Corporation alongside FinMan Bank, a rural bank based in Pasig. Prior to its acquisition it ...