
BPI grows profit 20% to P62B
Bank of the Philippine Islands (BPI) posted a record profit of P62 billion for the full period last year, up by 20 percent compared to 2023 as total loans grew…
· 2 min read
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Bank of the Philippine Islands (BPI) posted a record profit of P62 billion for the full period last year, up by 20 percent compared to 2023 as total loans grew…
· 2 min read

China Banking Corp. (CBC) shocked the market with a 38.9 percent surge to a record-high P93 in the final 15 minutes of trading, just days before its official…
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‘These high energy costs not only financially burden households but also undermine the competitiveness of businesses, discourage investments, and weaken the…
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Security Bank plans to add more branches in Visayas and Mindanao and increase sustainability financing twofold this year, following double-digit growth in…
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‘The Philippines is one of the fastest-growing economies in Southeast Asia but is at high risk for earthquakes, volcanic eruptions, typhoons, rising sea levels…
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The bonds consist of two-year Series C Bonds with a fixed interest rate of 6.1942 percent per annum, and five and a quarter-year Series D Bonds with a fixed…
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The economy faces several exogenous variables requiring careful monitoring, including FX volatility impacts on import costs and inflation pass-through, Federal…
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The Asian Development Bank (ADB) has approved a $500 million loan for the Philippines to support the implementation of disaster resilience and health emergency…
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Bank of Commerce (BankCom), a subsidiary of San Miguel Corporation, on Tuesday opened the subscription period for its P5-billion dual-tranche bonds.
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The Asian Development Bank announced on Monday that the funding will finance the procurement and installation of electric vehicle charging stations and the…
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The award came after BPI secured a $250-million green bond investment from the IFC in 2023 under the latter’s 30 by 30 Zero Program
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‘We could be the dumping ground for Chinese goods that could be temporary. That will be good for our prices because of more supply of goods.’
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President Ferdinand Marcos Jr. thanked the Asian Development Bank for pushing the economy’s impressive progress, as he reminded public officials about the…
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The country’s economy in the third quarter grew by 5.2 percent, lower than economists’ forecast of 5.7 to 6 percent.
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The Bank of the Philippine Islands (BPI) believes the economy in the fourth quarter of 2024 grew by 5.8 percent, citing increased government spending.
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Department of Finance Secretary Ralph Recto and the Netherlands' ING Bank discussed ways to expand the use of artificial intelligence (AI) in the Philippines.
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‘Coal is still the cheapest source of power, and coal will not be gone in the next five and even 10 years.’
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President Ferdinand Marcos Jr. on Thursday highlighted the significant contributions of the Asian Development Bank (ADB) to the Philippines, particularly…
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