banking

Security Bank closes acquisition of Home Credit stake

Security Bank Corp. has completed its acquisition of a 25-percent stake in Home Credit Philippines…

Metrobank grew Q1 profit to P12.3B

Higher expenses for bad loans tempered the first-quarter net income growth of Metropolitan Bank and…

UnionBank bottom line drops by 28.5% on tax-related costs

Despite a weak first quarter, Union Bank of the Philippines is expecting to improve its…

PNB Q1 earnings up 15% on growth of loan portfolio

Philippine National Bank (PNB) grew its earnings in the first quarter by 15 percent to…

PH’s economic pillar still getting a fraction of bank loans

Bank lending to small businesses in 2024 remained below the prescribed credit allocation despite the…

BDO expects leaner full-year profit

BDO Unibank Inc. opened 2025 with higher profits, although the Sy-led lender admitted it might…

ADB funding for PH reached $6B in ’24

The Philippines bagged a total of $6 billion in financing and cofinancing packages from Manila-based…

PH banks facing loan quality risks–Moody’s

Consumer loans are expected to corner a bigger share of the Philippine banking system’s total…

Landbank backs Sagittarian Agricultural with P 1.3-B loan

Agribusiness company Sagittarian Agricultural Philippines Inc. (Sapi) has secured a P1.3-billion loan from the Land…

Debtors of closed banks given bigger discounts  

State-run insurer Philippine Deposit Insurance Corp. (PDIC) announced an “enhanced” and “extended” version of its…