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Banks are expected to offer more financial products to their clients after the Bangko Sentral ng Pilipinas (BSP) relaxed its rules governing cross-selling between lenders and other financial institutions.

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Former Bank of the Philippines Island (BPI) executive Gil Buenaventura took his oath yesterday as the new president and chief executive officer of state-owned Development Bank of the Philippines (DBP).
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                    [Title] => BDO sells Pelac stake
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The Philippine American Life and General Insurance Co. (Philam Life) has bought five percent stake in Philam Equitable Life Assurance Corp. (Pelac) from Banco de Oro Unibank Inc. (BDO) last month.
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                    [Title] => Ayala Life renamed BPI-Philam Life Assurance
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The Philippine American Life and General Insurance Co. (Philam Life) and Bank of the Philippine Islands (BPI) have formed a strategic life assurance joint venture through the renamed BPI-Philam Life Assurance Corp., following the completion of the sale of BPI’s 51-percent stake in Ayala Life Assurance Inc. (Ayala Life) to Philam Life, the largest life insurance company in the country. The transaction was completed on Nov. 27, 2009.
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                    [Title] => Ayala Life transforms into BPI-Philam Life Assurance
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The Bank of the Philippine Islands (BPI) has completed the sale of its insurance unit Ayala Life Assurance Inc. to Philippine American Life and General Insurance Co. (Philamlife), creating a new company called BPI-Philam Life Assurance Corp.
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                    [Title] => Philamlife acquires 51% of Ayala Life
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The country’s largest life insurer The Philippine American Life and General Insurance Co. (Philamlife) will acquire more than half of the insurance subsidiary of Ayala-led Bank of the Philippine Islands (BPI).
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                    [Title] => Ayala Life posts 157% growth in first quarter
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Its aggressive move to increase distribution channels amid a sluggish investment market help buoyed the performance of Ayala Life Assurance Inc. posting a 157 percent growth in the first quarter of this year.
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                    [Title] => BPI targets 10% profit growth
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The Bank of the Philippine Islands (BPI) is targeting a net income growth of 10 percent this year, pinning the recovery on its credit card and insurance businesses, bank officials said yesterday.
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                    [Title] => Philippine American Life and General Insurance still number 1 despite decline in premium sales
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MANILA, Philippines - The Philippine American Life and General Insurance Co. (Philamlife) has retained its leadership in the country’s life insurance industry with total premiums of P13.639 billion last year.
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AYALA LIFE ASSURANCE INC

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Former Bank of the Philippines Island (BPI) executive Gil Buenaventura took his oath yesterday as the new president and chief executive officer of state-owned Development Bank of the Philippines (DBP).
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The Philippine American Life and General Insurance Co. (Philam Life) has bought five percent stake in Philam Equitable Life Assurance Corp. (Pelac) from Banco de Oro Unibank Inc. (BDO) last month.
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The Philippine American Life and General Insurance Co. (Philam Life) and Bank of the Philippine Islands (BPI) have formed a strategic life assurance joint venture through the renamed BPI-Philam Life Assurance Corp., following the completion of the sale of BPI’s 51-percent stake in Ayala Life Assurance Inc. (Ayala Life) to Philam Life, the largest life insurance company in the country. The transaction was completed on Nov. 27, 2009.
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                    [Title] => Ayala Life transforms into BPI-Philam Life Assurance
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The Bank of the Philippine Islands (BPI) has completed the sale of its insurance unit Ayala Life Assurance Inc. to Philippine American Life and General Insurance Co. (Philamlife), creating a new company called BPI-Philam Life Assurance Corp.
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                    [Title] => Philamlife acquires 51% of Ayala Life
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The country’s largest life insurer The Philippine American Life and General Insurance Co. (Philamlife) will acquire more than half of the insurance subsidiary of Ayala-led Bank of the Philippine Islands (BPI).
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The Bank of the Philippine Islands (BPI) is targeting a net income growth of 10 percent this year, pinning the recovery on its credit card and insurance businesses, bank officials said yesterday.
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                    [Title] => Philippine American Life and General Insurance still number 1 despite decline in premium sales
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abtest

Banks seen offering more financial products

June 12, 2013 - 12:00am

Banks are expected to offer more financial products to their clients after the Bangko Sentral ng Pilipinas (BSP) relaxed its...

Business

Buenaventura takes over at DBP

By Donnabelle L. Gatdula | October 3, 2012 - 12:00am

Former Bank of the Philippines Island (BPI) executive Gil Buenaventura took his oath yesterday as the new president and chief executive officer of state-owned Development Bank of the Philippines (DBP).

Business

BDO sells Pelac stake

March 29, 2011 - 12:00am

The Philippine American Life and General Insurance Co. (Philam Life) has bought five percent stake in Philam Equitable Life Assurance Corp. (Pelac) from Banco de Oro Unibank Inc. (BDO) last month.

Banking

Ayala Life renamed BPI-Philam Life Assurance

January 7, 2010 - 12:00am

The Philippine American Life and General Insurance Co. (Philam Life) and Bank of the Philippine Islands (BPI) have formed a strategic life assurance joint venture through the renamed BPI-Philam Life Assurance Corp.,...

Business

Ayala Life transforms into BPI-Philam Life Assurance

By Ted P. Torres | December 2, 2009 - 12:00am

The Bank of the Philippine Islands (BPI) has completed the sale of its insurance unit Ayala Life Assurance Inc. to Philippine American Life and General Insurance Co. (Philamlife), creating a new company called BPI-Philam...

Business

Philamlife and BPI in bancassurance venture

September 3, 2009 - 12:00am

A joint venture has been made by two major companies in the country dealing in the financial industry which partnership is seen to help both businesses and customers to benefit greatly.

Freeman Cebu Business

Philamlife acquires 51% of Ayala Life

By Ted P. Torres | August 27, 2009 - 12:00am

The country’s largest life insurer The Philippine American Life and General Insurance Co. (Philamlife) will acquire more than half of the insurance subsidiary of Ayala-led Bank of the Philippine Islands...

Business

Ayala Life posts 157% growth in first quarter

By Ehda Dagooc | August 19, 2009 - 12:00am

Its aggressive move to increase distribution channels amid a sluggish investment market help buoyed the performance of Ayala Life Assurance Inc. posting a 157 percent growth in the first quarter of this year.

Freeman Cebu Business

BPI targets 10% profit growth

By Ted P. Torres | April 1, 2009 - 12:00am

The Bank of the Philippine Islands (BPI) is targeting a net income growth of 10 percent this year, pinning the recovery on its credit card and insurance businesses, bank officials said yesterday.

Business

Philippine American Life and General Insurance still number 1 despite decline in premium sales

By Ted P. Torres | March 27, 2009 - 12:00am

MANILA, Philippines - The Philippine American Life and General Insurance Co. (Philamlife) has retained its leadership in the country’s life insurance industry with total premiums of P13.639 billion last...

Business