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 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…
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,…
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…
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)…
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 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…
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…
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…
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…