banking

UnionBank’s H1 profit down 17% but 2Q income surged 50%

Higher costs gnawed on the earnings of Aboitiz-led Union Bank of the Philippines in the…

PNB delivered P10.3B net income in first semester, driven by lending gains

Tycoon Lucio Tan-led Philippine National Bank (PNB) grew earnings in the first half by 6.2…

PH banks now more willing to lend to consumers

Banks remained cautious when lending to businesses in the second quarter amid a “deterioration” in…

Euromoney hails BDO ‘best bank’ in PH

It’s not just earnings season this month for banks and conglomerates: it’s also awards season.…

After 3 years, BSP ready to entertain more digital banks

The Bangko Sentral ng Pilipinas (BSP) will resume accepting applications for digital banking licenses in…

chinabank
China Bank sees another banner year; H1 earnings up 18%

The thrift banking arm of Sy family-led China Banking Corp. is seeing another banner year…

BSP still cool to retail digital money

The Bangko Sentral ng Pilipinas (BSP) is still cool to exploring a retail central bank…

BPI posted H1 record profit of P30.6B

Zobel family-led Bank of the Philippine Islands (BPI) booked record profits in the first half…

BSP: Bank lending growth surged to 14-mo high in May

Bank lending surged to a 14-month high in May driven by sustained growth of consumer…

Dovish central bank perks up shares

Philippine shares continued their climb toward 6,600 on Tuesday, thanks to a dovish Bangko Sentral…