Tag page - Philippine banking

The Philippine banking industry ended the first half of 2025 with a combined net profit of ₱198.1 billion in June, up 4.1 percent from last year’s ₱190.3 billion, driven by double-digit growth in net interest income. Data from the Bangko Sentral ng Pilipinas (BSP) released on Tuesday, Aug....

The Philippine banking industry reported a combined net profit of ₱101.9 billion in the first three months of 2025, up 10.6 percent from ₱92.1 billion a year earlier, driven by robust growth in net interest income amid higher interest earnings and better expense management. Data from the Bangko...

Senator Sherwin Gatchalian said there is a necessity for Filipinos to own their own bank account or become a virtual wallet holder so more people can engage in cashless transactions. Since digital payments have been the norm since the coronavirus (COVID-19) pandemic started last year, Gatchalian...