Philippine National Bank booked a higher net income of P6.37 billion in the first quarter, up by five percent from a year ago, as stronger lending activity and higher core revenues offset a still uncertain interest-rate environment ....
UnionBank of the Philippines booked a net income of P3.8 billion in the first quarter as stronger lending activity, wider margins and lower credit costs helped offset trading losses tied to market volatility from the US-Iran conflict ....
Analysts expect the Bangko Sentral ng Pilipinas (BSP) to deliver additional rate hikes in the coming months after kicking off a new tightening cycle, as inflation risks remain elevated and increasingly broad-based ....
Business sentiment in the Philippines turned pessimistic in March as firms braced for the impact of rising fuel costs and geopolitical tensions, even as consumer confidence showed signs of improvement, according to the Bangko Sentral ng Pilipinas.
Atome Philippines is expanding its suite of financial services after forging a partnership with Bayad, enabling users to pay utility bills and government dues directly within its app ....
China Banking Corp. posted a modest increase in first-quarter earnings, supported by sustained loan expansion and higher interest income, even as the bank continued to invest in technology and growth initiatives ....
Union Bank of the Philippines expects improved earnings this year as it emerges from a “fix-and-build” phase in 2025, with management pointing to stronger core operations and stabilizing subsidiaries to drive more sustainable growth ....
BDO Unibank Inc. reported a net income of P20.1 billion in the first quarter, up by two percent from P19.7 billion a year ago, supported by sustained growth in its core businesses despite rising global uncertainties ....
Ty-led Metropolitan Bank and Trust Co. (Metrobank) has doubled the daily transfer limit for InstaPay transactions to P100,000 beginning April 22, in a move aimed at giving clients greater flexibility in managing everyday financial needs ....
Signaling a return to policy tightening, the Bangko Sentral ng Pilipinas raised its benchmark interest rates by 25 basis points yesterday to curb mounting inflation pressures driven by higher oil and food prices ....
The Bangko Sentral ng Pilipinas may need to pivot back to policy tightening as inflation pressures become more entrenched, according to GlobalSource Partners....