Saturday, May 2, 2026
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Tag: Philippine banking

UnionBank’s first-quarter profit jumped 167% to P3.8 billion

Union Bank of the Philippines said Monday its net income surged 167 percent in the first quarter to P3.8 billion from P1.43 billion a...

PNB’s first-quarter profit rose 5% to P6.37 billion

Philippine National Bank (PNB) reported on Monday a net income of P6.37 billion for the first quarter of 2026, up 5 percent from the...

BDO Unibank’s Q1 profit hit P20.1 billion

BDO Unibank Inc. booked a net income of P20.1 billion in the first quarter of 2026, up 2 percent from P19.7 billion a year...

Philippine insured deposits jumped 41% to P5.2 trillion in 2025

Insured deposits in the Philippine banking system surged to P5.2 trillion in 2025 as the state deposit insurer doubled its maximum coverage limit, the...

EastWest Bank declares P1.8 billion in dividends as profit jumps 21%

East West Banking Corp. declared a P1.8-billion cash dividend on Thursday after posting a 21-percent increase in annual net income on the back of...

RCBC raises P20.5 billion in largest-ever sustainability bond sale

Rizal Commercial Banking Corp. (RCBC) said Wednesday it raised P20.5 billion through its issuance of fixed-rate peso-denominated Series G ASEAN Sustainability Bonds due 2029. RCBC...

BAP elects first female president to lead Philippine banking industry

The Bankers Association of the Philippines (BAP) elected Union Bank of the Philippines president and chief executive Ana Maria Aboitiz-Delgado as its new head,...

Metrobank sets 5.4727% rate for P5-billion sustainability bond

Metropolitan Bank & Trust Co. (Metrobank) has set the interest rate for its 1.5-year Series F ASEAN Sustainability peso-denominated bonds at 5.4727 percent per...

RCBC sets 6.08% yield for sustanability bond offering

Rizal Commercial Banking Corp. (RCBC) set a 6.08-percent annual interest rate for its planned issuance of peso-denominated Series G ASEAN Sustainability Bonds due 2029,...

GSIS chief joins BAP advisory council for financial strategy

Government Service Insurance System president and general-manager Jose Arnulfo Veloso joined the Bankers Association of the Philippines (BAP) annual advisory council meeting to align...

BSP, investigation agencies sign pact to share data against financial scams

The Bangko Sentral ng Pilipinas (BSP) has signed separate information sharing agreements (ISAs) with the National Bureau of Investigation (NBI), Cybercrime Investigation and Coordinating...

PDIC backs Senate bill to expand deposit insurance and coverage

The Philippine Deposit Insurance Corp (PDIC) has expressed support for a Senate bill aimed at strengthening the country’s financial safety net by expanding insurance...

BPI raises P50 billion from oversubscribed social bond offer

Bank of the Philippine Islands (BPI) raised P50 billion from its "Supporting Individuals Grow, Lead, and Achieve" or SIGLA bonds, following strong demand from...

BPI’s 2025 profit hit record P66.6 billion on robust lending

Bank of the Philippine Islands (BPI) reported a record net income of P66.62 billion for 2025, up 7.4 percent from the previous year as...
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