banking

BillEase bags P1-billion credit facility from PNB

Philippine National Bank (PNB) has extended a P1-billion credit facility to consumer finance platform BillEase,…

PH BOP swung back to deficit in July

The Philippines’ balance of payments (BOP) returned to a deficit in July after two consecutive…

DBP grew 6-month profit by 20.5% despite softer interest earnings

The Development Bank of the Philippines (DBP) saw its net income climb 20.5 percent in…

BankCom aims to sustain high margins 

San Miguel Corp.-led Bank of Commerce (BankCom) expects its margins to remain above last year’s…

BSP seeks tougher oversight of bank execs

The Bangko Sentral ng Pilipinas (BSP) wants directors and officers of supervised financial institutions to…

BIZ BUZZ: BDO Pay pays off

Going cashless is one thing. Going cashless without having to constantly cash in is another.…

PH banks’ farm lending tops P3T

Bank lending to the agriculture sector surpassed P3 trillion in June, with lenders exceeding their…

Security Bank first-half profit rose 4%

Security Bank Corp. grew its net income by 4 percent in the first half of…

New BSP currency hub: a push for resilience

The new Bangko Sentral ng Pilipinas (BSP) complex rising on 31.3 hectares in New Clark…

Banking, tobacco lift LT Group to record H1 profit

LT Group Inc. (LTG) grew its attributable net income by 14 percent in the first…