BSP Governor Eli M. Remolona, Jr. (right) together with new MBM member Jose L. Querubin (left)

calendar_today September 12, 2024 schedule 5 min read

BSP welcomes Jose L. Querubin as new Monetary Board Member, to serve until July 2, 2026

The Bangko Sentral ng Pilipinas (BSP) has officially welcomed Jose L. Querubin as its newest member of the Monetary Board.…

PSBank mobile banking is now more secure, as shown here in a picture of a handheld phone with the bank's various apps

calendar_today September 11, 2024 schedule 5 min read

PSBank enhances mobile banking app to bolster cybersecurity amid rising digital threats in 2024

by Jan Michael Carpo, Reporter Philippine Savings Bank (PSBank) has intensified its focus on ensuring the safety of its customers…

Facade shot of EastWest Bank's branch in Westgate, Alabang

calendar_today September 10, 2024 schedule 5 min read

EastWest Bank’s impressive growth in H1 2024 highlights PH banking role in economic recovery

EastWest Bank (EW) has reported a net income of PHP3.5 billion (approximately $62.12 million) for the first half of 2024,…

Representatives from Maybank Philippines and the Bangko Sentral ng Pilipinas join Dato Abdul Malik Melvin Castelino, Ambassador of Malaysia to the Philippines, during the ribbon cutting ceremony

calendar_today September 6, 2024 schedule 5 min read

Maybank Philippines triumphantly launches Islamic banking, a breakthrough in PH finance

Maybank Philippines, Incorporated officially commenced its Islamic banking operations last August 14, 2024, marking a significant milestone in the country’s…

A man applying for a loan in a bank serves as proof to BSP's report saying that Philippine bank lending is rising

calendar_today September 4, 2024 schedule 4 min read

BSP report says Philippine bank lending rose 10.4% in July, boosted by key sectors

Preliminary data from the Bangko Sentral ng Pilipinas (BSP) reveals that the outstanding loans of universal and commercial banks (U/KBs)…

Jan Metzger, head of investment banking for Citi in Asia-Pacific

calendar_today August 29, 2024 schedule 3 min read

Citi doubles down on the Philippines, foresees continued growth in 2024

Global banking giant Citi has reaffirmed its commitment to the Philippines, citing the country’s strong economic fundamentals and advantageous market…

BSP Governor Eli Remolona Jr. strikes a pose outside the central bank after being named among the world’s best central bank chiefs for the 2nd straight year

calendar_today August 28, 2024 schedule 4 min read

BSP Governor Remolona earns global recognition for central banking excellence this 2024

Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. has recently been honored as one of the world’s top-performing…

Photo shows BSP Assistant Governor Arifa A. Ala, Islamic Banking and Finance Institute Malaysia Chief Executive Officer Yusry Yusoff, Ambassador of Malaysia to the Philippines – His Excellency Dato’ Abdul Malik Melvin Castelino, and BSP Deputy Governor Chuchi G. Fonacier, together with the passers of BSP of Associate Qualification in Islamic Finance and Intermediate Qualification in Islamic Finance-Banking.

calendar_today August 27, 2024 schedule 5 min read

BSP celebrates certification for 138 new Islamic finance professionals in PH with ADB and IBFIM

The Bangko Sentral ng Pilipinas (BSP), in collaboration with the Asian Development Bank (ADB) and the Islamic Banking and Finance…

Man holding a mobile phone with the Maya Bank app

calendar_today August 23, 2024 schedule 4 min read

Maya Bank announces near profitability as digital lending and fintech ventures flourish this 2024

Maya Bank Inc., the digital banking arm of PLDT Inc., is making significant strides towards profitability, driven by a surge…

People walking outside UnionBank's office in Manila

calendar_today August 22, 2024 schedule 4 min read

UnionBank elevates service with new investment products, AI use for ultra-high-net-worth clients

by Jan Michael Carpo, reporter UnionBank of the Philippines is set to launch an array of innovative investment products and…

Category: Banking and Finance