PH banks’ bad loans ratio hits 2-month low despite annual increase in Non-Performing Loans
In a recent report by the Bangko Sentral ng Pilipinas (BSP), the gross non-performing loans (NPL) ratio of local banks…
Category: Banking and Finance
Found 397 posts in Banking and Finance
Metrobank reports record earnings in H1 of 2024 driven by robust growth, strategic expansion
Metropolitan Bank & Trust Co. (Metrobank) has reported a record-breaking net income of PHP 23.6 billion in the first half…
BSP and TOAP urge Filipinos to invest, secure their future at PERA Forum 2024
In a bid to bolster financial security for Filipinos, the Bangko Sentral ng Pilipinas (BSP) and the Trust Officers Association…
Philippine Veterans Bank unveils World War II History Wall to celebrate its 32nd anniversary
In a heartfelt commemoration of its 32nd anniversary, the Philippine Veterans Bank (PVB) proudly introduced a new World War II…
Digital banking seen to expand in 2025 as BSP lifts moratorium to drive financial inclusion in PH
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has announced a significant policy shift, lifting the moratorium on…
Chinabank reports record half-year net income amid robust core business growth in 2024
China Banking Corporation (Chinabank, PSE: CBC) has reported a record-breaking net income of P11.4 billion for the first half of…
DBP earns international acclaim in 2024 for its groundbreaking renewable energy facility
The Development Bank of the Philippines (DBP), a state-owned institution, has recently been lauded by a prestigious international body for…
Amidst rising bad loans, Moody’s says RCBC to face big challenges in sustaining capital this 2024
Rizal Commercial Banking Corporation (RCBC), one of the Philippines’ leading banks, is anticipated to encounter a significant rise in bad…
BSP supports war against financial cyber crimes, welcomes passage of RA No. 12010 (AFASA)
The Bangko Sentral ng Pilipinas (BSP) recently welcomed the passage of Republic Act No. 12010 or the “Anti-Financial Account Scamming…
GoTyme Bank leads digital banking growth in PH, welcomes 1.7 million new customers in 2024
In an impressive display of growth and customer satisfaction, GoTyme Bank has established itself as the Philippines’ fastest-growing digital bank,…