loans

Bad loans fell to 1-year low in Dec

Soured loans held by Philippine banks as a ratio of total credit eased to their…

Loans swell at fastest pace in 2 yrs

Bank lending posted its fastest growth in two years to cross the P13-trillion mark in…

UnionBank delivered P12-B net income in 2024

Aboitiz-led Union Bank of the Philippines (UnionBank) booked a 31-percent surge in its 2024 earnings…

BPI booked record-high profit of P62B in ’24

An expanding loan portfolio as a result of its recent merger propelled the earnings of…

Security Bank counts on MSMEs, retail borrowers in 2025

Security Bank Corp. expects retail clients and micro, small and medium enterprises (MSMEs) to drive…

ADB sets $500-M loan to boost PH labor market

The Asian Development Bank (ADB) announced a new $500-million policy loan for the Philippine government…

Foreign equity boon to rural banks–BSP study

The rural banking sector—once called a “troubled industry”—may benefit from foreign capital infusions to improve…

Power co-ops borrowed P1.8B to improve services

About 36 electric cooperatives (ECs) nationwide secured a total of P1.8 billion in loans in…

Mozambique ex-finance minister sentenced in US to 8-1/2 years in prison over ‘tuna bonds’ scandal

NEW YORK — A former Mozambique finance minister was sentenced on Friday to 8-1/2 years…

Bad loans hit 2-mo low

Bad loans held by Philippine banks as a ratio of total credit fell to their…