DBP bankrolls water project and inaugurates a new lending center in Puerto Princesa City
State-owned Development Bank of the Philippines (DBP) has granted a P375-million loan to the Puerto Princesa City Water District (PPCWD)…
LANDBANK launches OptiSaver high-interest account to support its clients’ financial goals
The Land Bank of the Philippines (LANDBANK) is giving clients a great reason to keep building their savings to reach…
UNO Digital Bank and Bridge Access, join forces to help drive intelligent (financial) inclusion
A recent survey shows that 68% of the younger workforce, the Gen Zs, believe access to credit is more important…
BPI’s 9-month profit increases to PhP38.6 billion after a robust Q3
After a solid third quarter, the earnings of the Bank of the Philippine Islands (BPI) increased from P30.5 billion in…
BSP’s Islamic Banking and Finance (IBF) core team receives ‘Presidential Lingkod Bayan Award’
The Islamic Banking and Finance (IBF) Core Team of the Bangko Sentral ng Pilipinas (BSP) was recently named regional winner…
UnionBank chooses Red Hat OpenShift service on AWS to increase innovation and speed to market
Red Hat, Inc., the world’s leading provider of open-source solutions, announced recently that the Philippines’ UnionBank is using Red Hat…
LANDBANK posts highest P31.85-billion net income in Q3, records 24% increase Year-on-Year
The Land Bank of the Philippines (LANDBANK) posted a net income of P31.85 billion in the first nine months of…
ADB loan worth US$300 million seen to boost the Philippines’ financial inclusion goals
The Asian Development Bank (ADB) has approved a US$300 million policy-based loan to support the Philippine government in creating a…
More rural banks in PH consolidating operations to help strengthen their financial health
More rural banks in the Philippines are now consolidating their operations in response to the Bangko Sentral ng Pilipinas (BSP)’s…
BSP gives all types of banks in PH until June 2024 to submit their recovery plans
To restore the profitability of banks and guarantee business continuity, the Bangko Sentral ng Pilipinas (BSP) has recently advised mid-sized…