banking

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…

ADB lends $500M for PH ‘blue’ economy

The Asian Development Bank (ADB) approved a $500-million loan to the Philippine government to support…

BSP cuts rate to over 3-yr low of 4.5%

The Bangko Sentral ng Pilipinas (BSP) ended 2025 with another quarter-point rate cut, moving to…

BIZ BUZZ: BSP, SEC team up to guard Pera savings

The Bangko Sentral ng Pilipinas (BSP) and the Securities and Exchange Commission (SEC) have sealed…

ADB approves $400-M loan to help PH cut red tape 

The Asian Development Bank (ADB) has approved a $400-million loan to support the Philippine government’s…

ADB trims ’25 PH growth forecast to 5% 

The Asian Development Bank (ADB) trimmed its growth outlook on the Philippines, citing weak government…