banking

PH banks seen keeping lending standards steady in Q4

Philippine banks are expected to keep their lending standards largely unchanged in the final quarter…

BIZ BUZZ: Yacht race season 3 coming up

While everyone else is in their running era, the wealthy clients of Bank of the…

AUB nets record P9.4B on robust core businesses 

Healthy loan growth boosted the bottom line of Asia United Bank (AUB) in the first…

BIZ BUZZ: Salmon Bank retires 8.88-percent interest rate on deposits

Salmon Bank has stopped offering its eyebrow-raising 8.88-percent interest on deposit accounts and has ratcheted…

Security Bank boosts coffer with record P21B from bond foray

Security Bank has raised a historic-high P21 billion from the debt market as a policy…

$1-B ADB loan eyed for PH grid system

Singapore—The Asian Development Bank is ready to extend up to $1-billion loan to further build…

BIZ BUZZ: More miles for PNB clients

The holidays are calling, and the Lucio Tan Group seems to be one of the…

Core lending drives 32% RCBC profit growth

Rizal Commercial Banking Corp. (RCBC) benefited from its loan book expansion in the first nine…

PNB delivered P18.5-B bottom line in Jan-Sept period

Philippine National Bank (PNB) sustained its growth momentum with its net income climbing 23 percent…

Higher costs gnaw on Union Bank profit

Higher operating costs continued to drag the bottom line of Aboitiz-led Union Bank of the…