Philippines
BDO Unibank’s net income up 6% to $1.42b in 2025
BDO Unibank’s net income up 6% to $1.42b in 2025
The bank said it is cautiously optimistic despite ongoing headwinds.
Union Bank of the Philippines’ net income doubles to $62.69m in Q1
It noted some trading losses associated with the Iran conflict, however.
Finance sector cements dominance over Philippines ICT market
GlobalData says the sector will hold the top end use position through 2029.
Atome Philippines partners with Bayad to enable in-app bill payments
Users can pay their water, electricity, and internet bills, amongst others.
Philippine loan relief helps banks avoid NPL spike despite profit hit
Credit losses remain elevated.
Philippines flags financial gaps as 48% lack emergency buffer
The majority claim financial awareness, yet many show a disconnect in capability.
ING's Philippine leaders advance AI strategy with sustainability focus
ING maintains a clear position that its AI strategy is grounded in responsibility and sustainability.
BSP offers loan relief measures to ease energy price pressures
The BSP also asked FIs to temporarily suspend online banking and e-money service fees and charges.
Philippine Business Bank’s net income rise to $31.7m in 2025 on higher interest income
PBB expects the operating environment to remain challenging in the coming months
The Philippines and UAE move to connect instant payment systems
They also floated plans to connect card switches and messaging systems in the future.
DBP with ‘stable’ outlook on expected healthy PH economic growth: S&P
It is “almost certain” to receive support from the government if needed.
Union Bank of the Philippines revises credit card rewards scheme
Select credit cards earn 1 point for every PHP150 spent, from 1 per PHP60 previously.
Foreign owners scale digital credit via Philippine rural banks
Digital lending models are stretching the rural banking mandate.
Philippines cash holds 42% of POS payments despite e-wallet rise
GCash reached nearly 3 in 4 consumers and linked 94 million users to 6 million merchants.
Philippine bank lending accelerates to 9.5% growth in February
Loans for residents and business activities expanded during the month.
Ana Aboitiz Delgado becomes first woman to lead Philippines' bankers association
The UnionBank CEO and President assumes leadership as banks navigate AI and digital shift.
SMBC poaches BDO veteran to lead Philippine Corporate Banking
Maria Angelica Balangue brings 20 years of capital markets experience as she leads SMBC Manila.
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1. OCBC to acquire $6.6b HSBC Indonesia wealth, retail banking business 2. Citi hires StanChart veteran to lead Hong Kong corporate banking 3. DBS’ net profit up 1% to S$2.93b in Q1 on record total income 4. Standard Chartered sets up AI lab to test banking use cases 5. DeeMoney CEO says trust will beat acquisitionResource Center
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CEO Phlaphongphanich said the industry is measuring the wrong things.
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