
UnionBank gains P2-B quarter profit
Union Bank of the Philippines (UnionBank) posted a net income of P2 billion in the first quarter which reflected double-digit growth in net interest income,…
· 1 MIN READ
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Union Bank of the Philippines (UnionBank) posted a net income of P2 billion in the first quarter which reflected double-digit growth in net interest income,…
· 1 MIN READ

‘The first three months showed we even had a higher acquisition rate of 50,000 new cards monthly.’
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Metropolitan Bank and Trust Co., or Metrobank, grew its net income by 28.9 percent to P42.2 billion last year from the level in 2022 due to higher demand for…
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Non-interest income surged by 41 percent to P19 billion due to a 54 percent growth in service fees for bills payments, fund transfers, interchange, and credit…
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The Philippines' economy grew faster than expected in the third quarter, official data showed Thursday, but the government warned inflation remained a…
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The country's economy grew faster than expected in the third quarter due to better public spending amid a high inflation rate, the Philippine Statistics…
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China's economy is expected to have seen moderate growth in the third quarter, according to an AFP survey ahead of data this week, while experts warn that…
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The World Bank on Tuesday slashed its China growth forecast for the year as the pandemic and weaknesses in the property sector hit the world's second largest…
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The Rural Agro-Enterprise Partnership for Inclusive Development and Growth (RAPID Growth) Project is extending its support for the upcoming 2022 Hybrid…
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Philippine economic growth beat expectations in the third quarter despite soaring inflation, officials said Thursday, spurred by an increase in household…
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Despite the Omicron surge in January and the sharp increase in commodity prices, listed chemicals and food ingredients manufacturer D&L Industries Inc.…
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Philippine Savings Bank, the thrift banking arm of the Metrobank Group, registered a net income of P2.85 billion for the first nine months of 2022, a more than…
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The bank also said total deposits expanded to P2.0 trillion, up 13.2 percent year-on-year, while current account savings account (CASA) increased 7.5 percent.
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'The country is on its way to recovering from the COVID-19 pandemic, with the economy displaying a rebound gross domestic product growth rate of 5.7-percent in…
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The Board of Directors of DMCI Holdings, Inc. (PSE: DMC) approved the declaration of P0.72 per common share in special cash dividends for shareholders on…
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The World Trade Organization on Wednesday dramatically lowered its global trade forecast for 2023, as Russia's war in Ukraine and other shocks take their toll…
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The International Monetary Fund has projected the Philippines' gross domestic product to grow by 6.5 percent in 2022 but to slow to 5 percent in 2023 as the…
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