Ayala 1H 2015 Earnings Up 6% to PhP10.4B

Makati—(PHStocks)—Ayala Corp. (PSE: AC)’s net income rose 6 percent to PhP10.4 billion in the first half of the year driven by the double-digit growth in its telecom, real estate, banking, and electronics businesses, and boosted by the positive performance of its power generation unit. Excluding the previous year’s divestment gains from the sale of Stream Global Services, Ayala’s business […]
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BPI 1H 2015 Net Income Up 16% to PhP9.3B

Makati—(PHStocks)—Bank of the Philippine Islands (PSE: BPI) registered a net income of PhP9.3 billion for the first half of 2015, a 16% improvement over PhP8 billion earned in the same period last year, resulting in annualized ROE and ROA of 13% and 1.4%, respectively. Comprehensive income for the same period, which includes mark-to-market adjustments on available-for-sale securities, amounted […]
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BPI to Set Up Trading Platform in London

Bank of the Philippine Islands (PSE: BPI), the banking arm of Ayala Corp. (PSE: AC), plans to set up a trading platform in London that will tap securities from foreign exchanges. Antonio Paner, BPI executive vice president and global markets head, said the company is on the process of increasing its income stream out of […]
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Panay Energy Secures PhP11B Loan Facility for Expansion Project

Makati–(PHStocks)–Panay Energy Development Corp. (PEDC), a wholly owned subsidiary of Global Business Power Corporation (GBP)–a subsidiary of GT Capital Holdings Inc. (PSE: GTCAP)–has raised PhP11 billion from a 12-year syndicated loan facility to fund the ongoing construction of its 150MW clean coal-fired power plant expansion project in Iloilo City. The PhP11 billion loan facility agreement […]
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BPI Reluctant to Venture Overseas

Bank of the Philippine Islands (PSE: BPI) is in no hurry to cross the country’s borders to get to new markets, even as some of its companies in the Ayala group draw up their Southeast Asian aspirations. Read More Source: Philippine Daily Inquirer Related Articles:Ayala 1H 2015 Earnings Up 6% to PhP10.4BBPI to Set Up […]
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