Rizal Commercial Banking Corporation (RCBC) has kicked off 2025 with an impressive financial display, reporting a robust performance in the first quarter that saw its consolidated assets surge to an astounding ₱1.517 trillion. This significant milestone, detailed in the bank’s latest filing with the Securities and Enhanced Commission (SEC), underscores RCBC’s continuous growth trajectory and solidifies […]
BDO Unibank, Inc., the Philippines’ largest bank, continues to demonstrate remarkable financial resilience and strategic prowess, earning a strong affirmation from global credit rating agency Moody’s Investors Service. A recent assessment by Moody’s highlighted BDO Unibank’s stable asset quality and underscored its robust funding and liquidity profile as key pillars of its strength, solidifying its standing as a leader […]
SAP today announced that Unilab, Inc., Philippines’ largest pharmaceutical and healthcare company, has embarked on a strategic business transformation initiative powered by RISE with SAP, a comprehensive transformation journey to help enterprises transition to cloud ERP and unlock the full potential of the SAP Business Suite. More than just a technology upgrade, this transformation will enable Unilab […]
EastWest Banking Corporation, one of the Philippines’ fastest-growing universal banks, is embarking on a significant digital transformation journey, announcing its strategic adoption of Temenos’ state-of-the-art software-as-a-service (SaaS) solution. This pivotal move is set to modernize the bank’s core retail, SME (Small and Medium-sized Enterprises), and corporate operations, promising a dramatic enhancement in service delivery and […]
Security Bank, one of the nation’s premier lenders, has officially announced a groundbreaking partnership with Taxumo, a leading local online tax filing platform, in a significant move poised to revolutionize financial accessibility for a vital segment of the Philippine economy. This strategic collaboration is set to empower a vast ecosystem of micro, small, and medium […]
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. received an Honorary Fellowship from the Asian Institute of Chartered Bankers (AICB) during the 8th Chartered Banker Conferment held in Kuala Lumpur in Malaysia on May 24, 2025. The AICB’s Honorary Fellowship, one of the institute’s highest distinctions, recognizes exceptional individuals who have made transformative […]
SAP, a global enterprise software giant, has just unveiled a suite of groundbreaking Artificial Intelligence (AI) innovations that promise to fundamentally reimagine how enterprises function, with a potential productivity boost of up to 30 percent. For decades, businesses have relied on powerful software to run their operations, and now a new era is dawning, promising […]
The Bangko Sentral ng Pilipinas (BSP) has recently partnered with the Microfinance Council of the Philippines, Inc. (MCPI) and the Rural Bankers Association of the Philippines, Inc. (RBAP) to expand financial education for low-income families. During the launch of the financial education (fin-ed) programs on May 22, 2025, at the BSP head office in Manila, […]
A new era has dawned at the Bangko Sentral ng Pilipinas (BSP) with the swearing-in of Zeno Ronald Abenoja as the new Deputy Governor of the Monetary and Economics Sector (MES) last May 19, 2025. This appointment marks a pivotal moment for the nation’s economic stability, placing a seasoned expert at the helm of critical […]
In a proactive move to fortify the resilience of the Philippine financial sector and empower micro, small, and medium-sized enterprises (MSMEs) against the escalating impacts of climate change, the Bangko Sentral ng Pilipinas (BSP) and the United Nations Environment Programme–Finance Initiative (UNEP-FI) recently convened a pivotal webinar. The Bangko Sentral ng Pilipinas (BSP) conducted a […]
