Philippines

BPI’s revenue up by 14% YoY to $1.6b in H1

BPI’s revenue up by 14% YoY to $1.6b in H1

It was driven by the 16.2% increase in net interest income.
3 days ago

GoTyme Bank reaches $525.7m in deposits, expands into the SM Store

By Q3 2025, it will have kiosks in over 70 locations of the department store.
5 days ago

UnionBank opens new branch in Cebu City’s Aboitiz Corporate Center

This is the Philippine bank’s 200th branch in the region.
5 days ago

Singlife Philippines reaps accolades at Asian Banking & Finance Fintech Awards 2025

The company bagged the Customer Experience Solution Award - Philippines, Mobile App Award - Philippines, and New FinTech Product Award - Philippines categories.

Top Philippine banks’ strong capitalisation, liquidity a buffer for macro risks

Provisioning costs are expected to remain elevated as they expand their consumer loan books.

PBCOM appoints new treasury trading team head

Justin Labadan will begin in his new role on 1 July 2025.

PBCOM declares cash dividend for the first time in 27 years

The bank has declared a PHP1 per share special cash dividend.

UnionBank raises $282.5m in fixed rate bonds

It plans to use the proceeds to extend term liabilities, expand funding base, etcetera.

Philippine Business Bank names new head of branch operations

The bank focuses on business clients in the Philippines.

Salmon Group raises $88m to expand its business in the Philippines

The equity round was led by venture capital firm Spice Expeditions, LP.

RCBC partners with MoneyHero to enhance credit card services

RCBC’s card products will be integrated in Money Hero’s digital platform.

BDO names new head of comptrollership group

Gwyneth Entao previously served as finance head of the Philippine bank’s consumer banking group.