banking

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…

BankCom logs record P18-B fundraise

Bank of Commerce (BankCom) has raised P18 billion from its bond issuance, its biggest peso…

New Zeland central bank cuts rates by 50 bps to help revive frail economy

WELLINGTON — New Zealand’s central bank cut its benchmark rate by 50 basis points to…

BSP launches cyber defense council

The Bangko Sentral ng Pilipinas (BSP) has formed a public-private sector council to strengthen the…

Take advantage of PH growth momentum, investors urged

Ayala Corp. chair Jaime Augusto Zobel de Ayala underscored the Philippines’ immense investment potential in…

AUB posted banner year in ’24; return on equity at 21%

Ng family-led Asia United Bank (AUB) saw its net income in 2024 zoom to a…

The World Bank’s Business Ready Report

Congratulations to the World Bank for the Business Ready (B-Ready) Report that will be presented…