Manila Bulletin - Banking & Finance

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Banking & Finance

Manila Bulletin

Selling Pagcor casinos could fetch ₱50 billion, but leaves healthcare with billion-peso hole
Selling the Philippine Amusement and Gaming Corp.’s (Pagcor) Casino Filipino operations could fetch up to ₱50 billion in immediate revenue for the government, but the windfall will not go to the Philippine Health Insurance Corp. (PhilHealth), according to Makati-based legal practice Geronimo...
Manila Bulletin

Philippine banks hit record ₱208 billion profit as loan margins defy bad debt surge
Philippine banks generated record earnings in the first half of the year as robust lending margins cushioned the sector against rising credit loss provisions and persistent market volatility. Data from the Bangko Sentral ng Pilipinas (BSP) showed that net income across the banking system rose 5.2...
Manila Bulletin

BDO nets ₱41 billion in first half as loan expansion counters higher provisions
Manila Bulletin

UnionBank profit jumps 113% in H1 on strength of consumer business
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