loans

PNB delivered P18.5-B bottom line in Jan-Sept period

Philippine National Bank (PNB) sustained its growth momentum with its net income climbing 23 percent…

Higher costs gnaw on Union Bank profit

Higher operating costs continued to drag the bottom line of Aboitiz-led Union Bank of the…

BSP eases rules for disaster-hit banks

The Bangko Sentral ng Pilipinas (BSP) has approved additional relief measures for banks in areas…

Lower interest rates to boost consumer lending in ‘Ber’ months

The series of interest rate cuts by the Bangko Sentral ng Pilipinas (BSP) could help…

PH gets $400-M ADB loan for insurance sector

The Asian Development Bank (ADB) on Tuesday announced a $400-million policy-based loan to help boost…

Bad bank loans climbed to nine-month high in August

Bad loans in the Philippine banking system climbed to a nine-month high in August, as…

Visa, PhilGuarantee team up for MSME credit

Visa has partnered with the Philippine Guarantee Corp. (PhilGuarantee) to study new ways of extending…

Security Bank to raise P5B from bond market

Security Bank Corp. will raise at least P5 billion from the debt market, taking advantage…

Real estate loans topped P3T in Q2 

Loans extended to the property sector breached the P3-trillion mark in the second quarter, with…

Globe sets capex with P5-B Bank of Commerce loan

Ayala-backed Globe Telecom has raised P5 billion from a loan agreement with Bank of Commerce.…