banking

Jitters in US blunts BSP’s good news

The Bangko Sentral ng Pilipinas’ (BSP) jumbo cut on the cash requirements of banks failed…

BIZ BUZZ: New ADB chief ready for global turbulence

Masato Kanda, who officially became the 11th president of the Asian Development Bank (ADB) yesterday,…

PH banking system deposits breach P20T

Total deposits in the Philippine banking system crossed the P20-trillion mark in 2024 on the…

BDO sets new record as ’24 income surges to ₱82B

Sy family-led BDO Unibank Inc. again broke the record for the highest full-year net income…

BSP to regulate digital financial shops

The Bangko Sentral ng Pilipinas (BSP) wants banks and electronic money (e-money) issuers to follow…

BIZ BUZZ: CIMB expands

With the volume of digital payments in the Philippines “skyrocketing”—as Fitch Solutions subsidiary BMI Country…

RRR cut to give BSP space to defer next easing

The fresh cut to the cash requirements of banks next month could give the Bangko…

Bank reserves ratio going down by 200 bp  

The Bangko Sentral ng Pilipinas (BSP) on Friday announced another supersized cut to the reserve…

DBP ’24 earnings highest in a decade

The Development Bank of the Philippines (DBP) posted its largest profit in 10 years in…

Metrobank bottom line leaps to record P48.1B

Metropolitan Bank and Trust Co. (Metrobank) saw its 2024 earnings jump by 14 percent to…