Tuesday, May 19, 2026
Today's Print

Tag: banking

Security Bank recognized 10 times at Asian Banking & Finance Awards 2025

Security Bank was recognized ten times at the Asian Banking & Finance Awards held on July 3, 2025, at Marina Bay Sands, Singapore, for...

Philippine unit boosts CIMB Group’s growth strategy

CIMB Group, the Malaysian parent company of CIMB Bank Philippines, is sharpening its growth strategy across Southeast Asia by tailoring its approach to individual...

DBP opens new branch in Bukidnon town

State-owned Development Bank of the Philippines (DBP) has expanded its branch network with the opening of a new branch lite unit (BLU) in the...

SM Investments earned P42.6 billion in six months

SM Investments Corp, (SMIC), the listed holding company of Sy family, recorded a 6-percent increase in consolidated net income to P42.6 billion in the...

Philippine bank lending growth picked up to 12.1% in June 2025

The Bangko Sentral ng Pilipinas (BSP) said Tuesday lending by universal and commercial banks to businesses and individuals grew 12.1 percent year-on-year in June...

RCBC’s first-half net income jumped 20% on strong loans

Rizal Commercial Banking Corp. (RCBC) on Friday reported a 20-percent increase in its first-half net income to P5.3 billion, driven by strong performance in...

Chinabank’s first-half profit climbed 14% to P13 billion

China Banking Corp. on Thursday reported a net income of P13 billion in the first six months of 2025, a 14-percent increase from the...

BSP to set new capital rules for digital-focused banks

The Bangko Sentral ng Pilipinas (BSP) is introducing new prudential requirements and tiered capital rules for digital-centric banks to ensure regulatory alignment and a...

Security Bank names new CFO after Olbes quit, forms wealth segment

Eduardo Olbes, Security Bank's executive vice president and chief financial officer (CFO), will take early retirement effective Sept. 15, 2025, after more than 15...

Asia United Bank’s first-half net income jumped 17% to record P6.1 billion

Asia United Bank (AUB) said Tuesday its net income in the first six months of 2025 climbed 17 percent to a record P6.1 billion...

PNB plans up to P20-billion bond sale after strong first-half income

Philippine National Bank (PNB), the banking unit of tycoon Lucio Tan, plans to raise up to P20 billion through a bond issuance. The move...

BDO’s net profit rose 3% to P40.6 billion as deposits hit P4 trillion in first half of 2025

BDO Unibank Inc.’s net income rose 3 percent to P40.6 billion in the first half of 2025 from P39.4 billion in the same period...

More depositors benefit from doubled insurance coverage

More depositors in the Philippines are now benefiting from enhanced protection through the Philippine Deposit Insurance Corp.'s (PDIC) doubled maximum deposit insurance coverage (MDIC)...

BSP vows deeper financial inclusion amid dip in account ownership

The Bangko Sentral ng Pilipinas (BSP) has pledged to deepen financial inclusion in the Philippines to bring more Filipinos into the formal financial system....
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