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The PNB building as seen from the City Hall observation deck

PNB posts 19% net income growth for 9 months in 2023

Philippine National Bank (PSE: PNB) registered a consolidated net income of P13.5 billion for the first nine months of 2023, 19 per cent higher compared to its earnings for the same period last year. The bank’s stronger performance year-on-year was attributed to the growth in its core lending and fee-based operations. IMAGE CREDIT: https://www.flickr.com/ The […]

The Security Plant Complex (SPC), BSP’s currency production facility

BSP to offer 56-day BSP bills starting June 30

​The Bangko Sentral ng Pilipinas (BSP) will start offering 56-day BSP Bills on June 30, 2023, as part of its ongoing initiatives to enhance its monetary operations under the Interest Rate Corridor (IRC) framework. An IRC is a system for guiding short-term market interest rates toward the central bank’s target or policy rate. It consists […]