The financing facility will back Maynilad’s investments in water and wastewater infrastructure designed to improve service reliability across its concession area. The agreement also underscores CTBC Bank Philippines’ strategy of expanding its role in funding projects that provide essential public services.
Rizal Commercial Banking Corp. (RCBC) has shortened the duration of its investment portfolio, tightened lending to higher-risk segments, and secured funding at favorable rates as it prepares for tougher economic conditions.
Tycoon Lucio Co-backed Philippine Bank of Communications has named former Security Bank executive John Cary Ong as president and chief executive officer-designate, bringing in a seasoned corporate banker from a larger rival to lead the lender’s next phase of growth.
Rizal Commercial Banking Corp. (RCBC) has partnered with Tambunting Pawnshop to expand community-based banking services, bringing digital financial solutions closer to Filipinos in underserved and remote areas.
Patrick D. Cheng has landed among the Philippines’ top-rated finance chiefs in a closely watched investor survey, a sign that Chinabank’s efforts to strengthen its standing with the investment community are gaining traction.
Women are increasingly reshaping the banking industry, and Citigroup chair and CEO Jane Fraser is emerging as one of the sector's most prominent leaders, with Fortune naming her the most powerful woman in business for 2025.
CEBU CITY — Residents and travelers in far-flung provinces no longer have to worry about running out of cash, as withdrawals can now be made even in sari-sari stores.
CEBU CITY— Despite slowing economic growth triggered by the Middle East conflict—which has pushed up fuel and commodity prices and weighed on the peso—the banking sector remains strong.
As more Filipinos move into higher-income brackets and seek more personalized financial services, banks are increasingly tailoring products and experiences to meet evolving customer expectations beyond traditional savings and lending offerings.