banking

SMBC boosts stake in RCBC to 24.46%

Japan’s Sumitomo Mitsui Banking Corp. (SMBC) has increased its ownership in Rizal Commercial Banking Corp.…

From bonus to savings: 7 habits to make the most of your year-end reward

The “ber” months in the Philippines mark the longest Christmas celebration in the world. Jose…

Emergency funds top Filipinos’ savings goals—survey

Danish Fabellon passed this year’s licensure exam for medical technologists, a milestone that required her…

BSP fine-tunes rule on officers watchlist

The Bangko Sentral ng Pilipinas (BSP) has issued new rules to clarify how financial executives…

Groundwork for near-24/7 payments settlement in place

The Bangko Sentral ng Pilipinas (BSP) is laying the groundwork for a near-24/7 payment settlement…

BPI to merge 2 remaining thrift bank subsidiaries

Ayala-led Bank of the Philippine Islands (BPI) will merge thrift bank units BPI Direct BanKo…

PH banks pare real estate exposure

Philippine banks trimmed their exposure to the volatile real estate sector in the third quarter,…

BSP tweaks settlement facility for banks

The Bangko Sentral ng Pilipinas (BSP) has formalized changes to its intraday settlement facility that…

Remolona sees room for one more rate cut in 2026

Any further rate easing next year—if it comes at all—will likely be limited to a…

PNB raises P15.7B from local bond market comeback

Philippine National Bank (PNB) made a strong comeback to the domestic debt market after six…