Banking

3 days ago

Security Bank at 74: Doubling down on customer-centricity and growth

Security Bank Corp. is celebrating its 74th year by focusing on what it believes matters most: its customers, employees, and long-term sustainability.

10 Jun 2025

9:50AM

PH banks boost tech spending, eye unified cybercrime response

Banks across the Philippines are ramping up technology investments to improve operational efficiency and consumer service, while doubling down on cybersecurity through a new “whole-of-ecosystem” approach in collaboration with key government agencies.

4 Jun 2025

9:30AM

UnionBank launches P10-B bonds after redeeming debt ahead of costly reset

By: Miguel R. Camus

The Aboitiz family-led Union Bank of the Philippines is raising at least P10 billion, tapping the debt market anew with a fresh offering of 1.5-year and 3-year peso bonds, priced at 5.88 percent and 6.02 percent per annum, respectively.

3 Jun 2025

10:10PM

SMC-backed BankCom beats projections, boosts dividends by 79%

Bank of Commerce (BankCom), an affiliate of tycoon Ramon S. Ang’s San Miguel Corp., has beat its long-term targets one year ahead of schedule, after posting a record P3 billion net income in 2024, its strongest performance since joining the San Miguel Group in 2008.

2 Jun 2025

12:24PM

Ayala's BPI Makes P10 InstaPay transfer fee permanent

The Ayala Group’s Bank of the Philippine Islands (BPI) is making its P10 InstaPay transfer fee permanent starting June 1, 2025, a move aimed at making banking more affordable for Filipinos.

16 May 2025

10:39AM

BAP-BAIPHIL pact aims to future-proof PH banking professionals

Under the partnership, BAP and BAIPHIL will conduct capacity-building sessions targeting employees and executives of BAP member-banks.

15 May 2025

2:37PM

Security Bank Q1 2025 profit rises 7% as revenues surge 23%

Security Bank Corp. reported a robust first quarter for 2025, with total revenues climbing 23 percent year-on-year to P15.4 billion while net profit reached P2.8 billion, marking a 7-percent increase from year-ago level.

13 May 2025

9:17AM

UnionBank doubles bond program to P100B to boost funding flexibility

The Aboitiz Group’s UnionBank of the Philippines has doubled the size of its peso bond program to P100 billion, giving it more room to raise funds through the debt market.

6 May 2025

11:39AM

EastWest Bank grows Q1 profit to P1.8B on robust consumer loans

The Gotianun family-led EastWest Banking Corp. reported a net income of P1.8 billion in the first quarter of 2025, driven by strong consumer lending and tighter cost controls.