Allianz PNB Life, Inc., the local life insurance arm of Germany-based financial services giant Allianz, posted a double-digit increase in gross premium income to ₱19 billion in the first half of 2025 on the back of high single-premium insurance (SP) sales and an increase in earnings from renewal...
Despite recent interest rate cuts by the Bangko Sentral ng Pilipinas (BSP), inflation hitting nearly six-year lows in recent months, and still-muted second-quarter growth in some sectors, further reductions in key borrowing costs are seen as necessary. “We think the second-quarter GDP [gross...
Metropolitan Bank & Trust Co. (Metrobank) of the Ty family is banking on improved consumer lending performance in the second half of 2025 to drive profitability, aided by a modest decline in bad loans. Based on a disclosure to the Philippine Stock Exchange (PSE), consumer loans jumped by 15.3...
While Philippine gross domestic product (GDP) growth showed relative strength in the second quarter, private-sector economists believe it is not strong enough to prevent the Bangko Sentral ng Pilipinas (BSP) from further reducing interest rates, as inflation is expected to remain soft and growth...
Aboitiz Equity Ventures Inc. reported a 27 percent drop in consolidated net income of ₱8.4 billion in the first half of 2025 from the ₱11.5 billion earned in the same period last year due to lower earnings from its power and banking units, coupled with losses of its property and infrastructure...
As air travel continues to soar in Southeast Asia, public-private partnerships (PPPs) are expected to bolster the region’s aviation sector to meet the growing demand sustainably, according to the Tokyo-based think tank Asian Development Bank Institute (ADBI). In a policy brief, ADBI said that the...
Expectations of further cuts in key borrowing costs as early as this month have grown stronger, driven by last month’s nearly six-year low inflation and lingering economic threats from United States (US) tariffs. Following the below one-percent headline print in July, private-sector economists...
After posting record-breaking profits every year since 2021, China Bank Savings (CBS) is on track for another banner year as its profit grew 19 percent to ₱1.2 billion in the first half of 2025. “We continue to perform well despite economic headwinds such as geopolitical uncertainties and...
Only five companies from the Philippines made it to Forbes Asia’s 2025 Best Under A Billion list, which recognizes 200 top-performing small and mid-sized listed companies in the Asia-Pacific region. Filipino companies in the list are led by Converge Information & Communications Technology...
Philippine Savings Bank (PSBank), the thrift banking arm of the Metrobank Group, reported that its ₱2 billion Peso-denominated Fixed-Rate Bonds were six times oversubscribed on the offering day. In a disclosure to the Philippine Stock Exchange, the bank said it has thus decided to shorten the...
Loans from big banks or universal and commercial banks (UK/Bs), excluding investments in the central bank’s reverse repurchase (RRP), grew by a faster 12.1 percent in June from May’s 11.3-percent expansion. According to the latest data from the Bangko Sentral ng Pilipinas (BSP) released on...
GoTyme Bank, known for its seamless blend of digital and physical banking, has partnered with Jabroni’s Pizza to launch “The Pizza Bank”—a first-of-its-kind concept where banking meets everyone’s favorite comfort food. Inspired by the spirit of a classic New York slice shop, The Pizza...
