banking

BIZ BUZZ: There’s a new bank CEO in town

Top executives in the banking sector have been quite busy lately talking about an imminent…

Banks modestly grow property lending

Banks modestly increased their exposure to the property sector in the first quarter, providing support…

PNB funds P3-B Isabela solar project 

The Philippine National Bank (PNB) has extended a P3 billion project finance facility to support…

PH bank profits face mounting pressure–Fitch

Despite the onset of the central bank’s rate-hiking cycle, Philippine banks are likely to see…

BIZ BUZZ: Security Bank’s wholesale shake-up

A leadership change at Security Bank’s wholesale banking business is quietly fueling speculation on who…

BIZ BUZZ: BSP rolls out financial literacy push in Zamboanga

The Bangko Sentral ng Pilipinas (BSP) brought a dose of financial “game plan coaching” to…

PH bank assets top P30 trillion

Philippine banks’ total assets posted a double-digit expansion in April, lifted by loan growth despite…

PH banks’ bad loan ratio rises to 8-mo high

Philippine banks’ bad loan ratio rose to an eight-month high in April as borrowers felt…

First Circle gets P300-M funding from Cathay United Bank

Philippine financial technology firm First Circle has obtained a P300 million sustainability linked credit facility…

Digital bank deposits top P150B 

The country’s six digital banks amassed over P150 billion in deposits as of the first…