Ayala-led Bank of the Philippine Islands (BPI) remains optimistic about its prospects despite the country 's slower-than-expected economic growth in the third quarter, betting on easing interest rates to boost loan growth. BPI President and Chief Executive Officer Jose Teodoro K. Limcaoco...
Philippine Savings Bank (PSBank), the thrift banking arm of the Metrobank Group, reported a 29-percent drop in net income to ₱2.85 billion in the first nine months of 2025 from ₱4 billion in the same period last year. The bank did not disclosure the reason for the drop in earnings nor did it...
Bank of the Philippines Islands’ (BPI) digital wallet VYBE has partnered with Pay&Go to allow users to cash in for free at over 3,400 kiosks nationwide as part of steps being taken to reach 2.5 million users by the end of the year. BPI Head of Digital Partnerships and Ecosystems, Frederic...
Taking banking beyond the traditional, GoTyme Bank hit the streets of Metro Manila with its "Freedom Bus," offering not only free rides but a sneak peek into what GoTyme bank commits to its growing customer base – a beautiful banking experience. The Freedom Bus – easy to spot on the road with...
The Department of Education (DepEd) on Wednesday, November 5, announced that it will spearhead a major nationwide reform to accelerate learning recovery and empower local schools, following President Ferdinand R. Marcos Jr.’s approval of the Project for Learning Upgrade Support and...
Aboitiz Equity Ventures Inc. (AEV) reported an eight percent dip in consolidated net income to ₱17.3 billion in the first nine months of the year, from ₱18.8 billion in the same period last year, as surge in third-quarter earnings was not enough to offset softness in the first half. In a...
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...
The Bank of the Philippine Islands (BPI) expects its card products to be ready for tokenization by next year, positioning the Ayala-led lender for the anticipated local launch of Apple Pay and Google Pay. Jose Teodoro Limcaoco, BPI president and chief executive officer (CEO), said the bank 's...
Signaling bolder growth, the wealth management arm of Bank of the Philippine Islands (BPI) has abandoned its old ₱3-trillion assets under management (AUM) goal to instead pursue a loftier ₱4-trillion target by 2030. On the sidelines of the 2025 BPI Signature Yacht Race Series Season 3 Launch,...
Ayala-led Bank of the Philippine Islands (BPI) is confident it will achieve full compliance with the Bangko Sentral ng Pilipinas’ (BSP) required standards for its fraud management system (FMS) by mid-2026. Jon Paz, BPI enterprise information security officer and data protection officer, told...
An international group of audit practitioners has named a senior executive of state-owned Development Bank of the Philippines (DBP) as “Chief Audit Executive of the Year”, citing his contributions in elevating the internal audit function in the government service. Senior Vice President Ryan R....
Asia United Bank (AUB) reported a nine-percent improvement in net income to ₱9.4 billion in the first nine months of 2025 from the ₱8.6 billion earned in the same period last year, on the back of higher revenues and improved operational efficiency. The bank said in a disclosure to the...
