Philippine Savings Bank (PSBank), a subsidiary of Metropolitan Bank & Trust Co. (Metrobank), reported a 33-percent drop in net income to ₱3.5 billion last year from the record-high ₱5.21 billion earned in 2024 due to higher credit provisions in 2025. In a disclosure to the Philippine Stock...
Ty-led Metropolitan Bank & Trust Co. (Metrobank) is planning to issue its first Association of Southeast Asian Nations (ASEAN) sustainability peso-denominated fixed-rate bonds to raise at least ₱5 billion, with an oversubscription option and a tenor of 1.5 years. In a disclosure to the Philippine...
Ty-led Metropolitan Bank & Trust Co. (Metrobank) reported another banner year as net income grew 17 percent to another all-time high of ₱49.7 billion last year from the ₱42.2 billion earned in 2024. The bank said profit growth was supported by modest asset expansion, resilient margins, healthy...
High-net-worth and ultra-high-net-worth individuals are shifting their focus to Asia and emerging markets (EMs), particularly equities and fixed-income instruments, which are seen to offer the best rewards for their investments in 2026. Ty-led Metropolitan Bank & Trust Co. (Metrobank) noted that...
The Overseas Workers Welfare Administration (OWWA) reported Friday, Jan. 16, that its Trust Fund climbed to P21.3 billion while active membership topped 2.6 million by December 2025, reflecting rising trust and confidence of overseas Filipino workers (OFWs) in the agency. OWWA Administrator PY...
The Securities and Exchange Commission (SEC) has amended the rules governing real estate investment trusts (REITs), expanding the scope of REIT-able income-generating assets and allowing the use of established investment structures, including unlisted special purpose vehicles (SPVs) and...
Investment & Capital Corporation of the Philippines (ICCP) expects a new wave of real estate investment trust listings to reach the local market, driven by proposed regulatory changes and the shifting interest-rate environment. The Securities and Exchange Commission (SEC) is moving to amend rules...
Metropolitan Bank & Trust Co. (Metrobank) has rolled out its integrated withdrawal and deposit machines (WDMs) to boost transaction efficiency and expand its “phygital” footprint in the country. In a statement, Metrobank, said the new self-service terminals, which fuse two primary banking...
The Securities and Exchange Commission (SEC) has issued for public comment its draft amendments to the rules governing real estate investment trusts (REITs), expanding the list of allowable assets and relaxing limitations on public ownership and the reinvestment period. The Commission released the...
Malacañang has attributed the increasing hunger rate to the series of natural disasters that have hit the country in recent months. "Huwag po natin kalimutan na sunud-sunod ang kalamidad na naranasan ng mga kababayan po natin – nakaapekto po ito sa patuloy po na pagtatrabaho ng ating pamahalaan...
Metropolitan Bank & Trust Co. (Metrobank) announced a record ₱37.3 billion in net earnings in the first nine months of the year, a 4.3 percent increase from 2024, driven by strong loan growth, improved margins, and healthy trading income. In a disclosure to the Philippine Stock Exchange, the bank...
Pulse Asia’s “Ulat ng Bayan” survey conducted from Sept. 27 to 30 showed a decline in President Ferdinand Marcos Jr.’s trust and approval ratings, while Vice President Sara Duterte maintained majority trust despite a slight decrease in her performance score. The survey, based on...