The Philippine central bank faces an intensifying divide among private-sector economists over the trajectory of borrowing costs, with a lone dissenting voice branding recent monetary tightening as “misguided” following the sharp slowdown in economic output. While a majority of analysts maintain...
Local monetary authorities face the growing challenge to stabilize surging consumer prices as the initial pass-through of global oil inflation threatens to push the headline rate into double digits by the fourth quarter of the year. The mounting risk that inflation expectations could become...
Ayala-led Bank of the Philippine Islands (BPI) is teaming up with The Walt Disney Co. to launch a series of themed financial products and travel perks, the first time a Philippine lender has integrated multiple Disney business segments into its consumer offerings. The BPI-Disney collaboration,...
Bank of the Philippine Islands (BPI) is bracing for the fallout from escalating Middle East tensions, weighing the impact of the Iran conflict on regional remittances and global supply chains even as the lender reported record first-quarter earnings. Jaime Augusto Zobel de Ayala, BPI chairman,...
Private sector economists are split over whether the Bangko Sentral ng Pilipinas (BSP) will raise interest rates this week, as the need to anchor inflation expectations and defend the peso battles concerns over the fragile economic recovery. Of 10 economists surveyed, five expect a 25-basis-point...
Eight Philippine lenders have secured spots on the World’s Best Banks 2026 list compiled by Forbes and Statista, a ranking where agile digital-native banks claimed the top positions even as traditional giants maintained their edge in trustworthiness among Filipino depositors. MariBank Philippines...
The Bangko Sentral ng Pilipinas (BSP) is facing mounting pressure to abandon its steady policy stance as domestic and foreign lenders warn that persistent supply shocks are beginning to seep into the broader economy. A growing chorus of economists expects the BSP to raise its benchmark interest...
Bank of the Philippine Islands (BPI) will hold its Annual Stockholders’ Meeting on April 20, 2026 (Monday) at 9:00 AM. The meeting will be conducted virtually via https://conveneagm.com/ph/BPI2026ASM . Stockholders of record as of February 27, 2026 are eligible to attend and vote. Those who wish...
Bank of the Philippine Islands (BPI) will hold its Annual Stockholders’ Meeting on April 20, 2026 (Monday) at 9:00 AM. The meeting will be conducted virtually via https://conveneagm.com/ph/BPI2026ASM . Stockholders of record as of February 27, 2026 are eligible to attend and vote. Those who wish...
Ayala Corp., the Philippines’ oldest conglomerate, posted record core earnings for a third consecutive year as gains in its real estate and banking units shielded the group from the slump in its energy and telecommunications businesses. In a disclosure to the Philippine Stock Exchange, the firm...
The Bank of the Philippine Islands (BPI) has launched its new Debit Mastercard made from 100% recycled, PVC free plastic, reinforcing the bank’s push for more sustainable banking solutions. The new Debit Mastercard is free for clients who open an account through a BPI branch, as well as for...
The Bank of the Philippine Islands (BPI) extended a ₱6.1 billion project finance facility to Cornerstone Energy Development Inc. (CEDI), a subsidiary of Aboitiz Renewables Inc., marking the lender’s latest move to solidify its position in the sustainable finance market. BPI said the funding...