Banking

7 days ago

Metrobank voted top retail bank in the Philippines

Metrobank has been recognized as the most recommended retail bank in the Philippines, following feedback from over 12,000 participants in The Asian Banker’s Annual BankQuality™ Consumer Survey.

27 Sep 2024

7:45AM

PH bankers worried most about credit, macroeconomic, cyber risks amid growth — BSP survey

Credit risk was the most cited risk, driven by high interest rates and non-performing loans. Operational risks, including cybersecurity threats, were also a key concern, especially for digital banks.

20 Sep 2024

11:56AM

Security Bank ramps up support for MSMEs with new digital payment platform

Called “Security Bank Collect,” the platform facilitates seamless transactions by accepting various payment methods, including credit, debit, and prepaid cards.

12 Sep 2024

11:06AM

Metrobank expects strong holiday demand to fuel surge in auto and home loans

Metropolitan Bank & Trust Co. is seeing sustained growth in its auto and home loans business, driven by strong consumer demand and exclusive offers like its "Happy Holideals" loan promo.

10 Sep 2024

8:25AM

BPI Wealth’s digital accounts hit over P1B in assets under management

BPI Wealth, the wealth management arm of Ayala-led Bank of the Philippine Islands, reported that its digital accounts surpassed P1 billion in assets under management as of end June 2024.

9 Sep 2024

9:57AM

Recto backs Bangsamoro gov’t’s plan to acquire DBP shares in Al-Amanah Islamic Bank

Finance Secretary Ralph G. Recto has expressed full support for the Bangsamoro Government's plan to acquire Development Bank of the Philippines' (DBP) shares in Al-Amanah Islamic Bank.

2 Sep 2024

10:59AM

Cabangon's Citystate bank sells stake to Hong Kong firm at 185% premium

By: Miguel R. Camus

Hong Kong-listed financial services firm CSC Holdings is purchasing a 26.8-percent stake worth about P736 million in the Cabangon family’s Citystate Saving Bank, which is listed on the Philippine Stock Exchange.

27 Aug 2024

6:01PM

AP Securities: Metrobank, Chinabank best bank picks amid monetary easing cycle

By: Miguel R. Camus

Higher interest rates were generally great for the banking sector’s performance, but how about when rates start to come down, reducing their profit margins?

15 Aug 2024

3:02PM

Sy’s BDO Unibank takes major step toward green finance

BDO Unibank has partnered with the International Finance Corporation (IFC) to enhance its green banking practices.