The Philippine economy faces an uphill battle in the second half of 2026 after posting its weakest post-pandemic growth, with private sector economists warning that faster infrastructure spending, easing inflation, and stronger investor confidence will determine whether the country can meet the...
Sustainability in banking is often framed as a trade-off between profit and purpose. For the Ayala-led Bank of the Philippine Islands (BPI), these are not separate, clashing goals, but a package embedded in every vein of the lender’s initiatives. What, then, should sustainability look like for...
The Bangko Sentral ng Pilipinas (BSP) is expected to extend its monetary tightening cycle to a peak of 5.5 percent, according to Goldman Sachs Group Inc., as sticky underlying price pressures overshadow the recent cooldown in headline inflation. While headline inflation decelerated to 6.4 percent...
The Bangko Sentral ng Pilipinas (BSP) is delaying the selection of four new digital banking players as it seeks to reconcile conflicting regulatory tracks for different types of applicants. While the market anticipated the entry of the new digital lenders as early as the first quarter, BSP Governor...
Bangko Sentral ng Pilipinas Governor (BSP) Eli Remolona Jr. expects a broader wave of lenders to slash or eliminate fund transfer costs, following aggressive fee waivers by some of the country’s largest banking institutions ahead of a strict weekend regulatory deadline. Speaking at a BSP book...
Department of Finance (DOF) Secretary and Land Bank of the Philippines (Landbank) Chairman Frederick D. Go has praised the move by Ayala-led Bank of the Philippine Islands (BPI) to waive electronic fund transfer fees across its digital channels, describing it as a step toward eliminating banking...
Ayala-led Bank of the Philippine Islands (BPI) will permanently eliminate transaction fees for digital fund transfers via InstaPay and PESONet starting July 1, following the central bank 's lifting of its cap on electronic payment pricing. The oldest lender in the Philippines is moving to...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. has urged banks to continue strengthening governance, transparency, and internal controls, saying these safeguards become most critical during periods of economic and financial uncertainty. Speaking during the inaugural Corporate...
Let’s get away from the telenovela drama of the Senate with its shifting power dynamics and lingering public doubt and growing dismay—as well as the choppy trend in the cost of crude oil per barrel in the international market and its trickle-down negative effects on our way of life. Not that it...
Global debt watcher Moody’s Ratings affirmed the deposit ratings of the Philippines’ largest lenders—Sy-led BDO Unibank Inc. and Ayala-led Bank of the Philippine Islands (BPI)—citing their strong profitability, solid asset quality, and ample liquidity buffers. Both lenders maintained their...
Microfinance lender BPI Direct BanKo Inc., A Savings Bank (BanKo), the microfinance arm of Ayala-led Bank of the Philippine Islands (BPI), is spotlighting the growing role of Filipino mothers in driving grassroots entrepreneurship and local economic activity. Among them is Madelyn Nayre of Barangay...
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...
