The Securities and Exchange Commission (SEC) is pushing for reforms to strengthen the Philippine corporate bond market and broaden capital market access for small and medium enterprises (SMEs), with strategic engagement from the World Bank Group (WBG) and its private-sector lending arm,...
The Bangko Sentral ng Pilipinas (BSP) is expected to deliver a quarter-point interest rate cut next month, but an economist warned the move would not restore lost government credibility or offset the impact of corruption amid expectations of further economic slowdown. Union Bank of the Philippines...
Security Bank Corp. reported a seven percent improvement in net profit to ₱9.1 billion in the first nine months of the year, buoyed by double-digit growth in both interest and non-interest income. In a disclosure to the Philippine Stock Exchange, Security Bank said that total revenues in January...
LT Group Inc. (LTG), taipan Lucio Tan’s holding company for Philippine investments, reported a 15-percent growth in attributable net income to a record-high ₱22.57 billion for the first nine months of 2025, as almost all subsidiaries posted higher profits. In a disclosure to the Philippine...
Ayala Corp., the country’s oldest conglomerate, reported a sharp increase in profits for the first nine months of the year, driven by one-time gain tied to the revaluation of its stake in Gcash owner Mynt. In a disclosure to the Philippine Stock Exchange on Thursday, Nov. 13, the holding company...
The Bank of the Philippine Islands (BPI) has partnered with Robinsons Retail Holdings to enable millions of clients to securely obtain up to ₱10,000 in free cash withdrawals directly at retail checkouts using only their mobile app. BPI said its clients can now obtain cash securely without an ATM...
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...
