Banking & Finance

Growth in bank lending and domestic liquidity slowed in June as businesses and consumers turned more cautious in borrowing despite continued expansion in economic activity, according to the Bangko Sentral ng Pilipinas (BSP). Data released by the BSP showed outstanding loans extended by universal and commercial banks reached ₱14.88 trillion in June, up 9.8% from a year earlier but slower …

Philippine National Bank (PNB) posted a 17% increase in net income to ₱14.6 billion in the first half of 2026, driven by higher lending, stronger fee-based income and improved asset quality. The bank’s return on equity improved to 12.1% from 11.4% a year earlier as operating revenue increased by ₱3.3 billion. Net interest income rose 7%, supported by a 12% …

LANDBANK has expanded its support for local governments in the Visayas, extending ₱33.4 billion in financing while strengthening its digital banking network to help cities fast-track infrastructure projects, improve public services and promote inclusive economic growth. The state-run bank highlighted its financing and digital solutions during the League of Cities of the Philippines’ 82nd National Executive Board Meeting and 2nd …

More than 1,000 Dumagat-Remontado families in the mountainous areas of Quezon are set to benefit from a solar lighting initiative aimed at improving daily life in off-grid communities, as BDO Life marks its 50th anniversary with a program that combines financial protection with community development. Through its “Lights for Life” campaign, BDO Life has partnered with One Million Lights Philippines …

Seven Philippine publicly listed companies have earned spots in Forbes Asia’s “Best Under a Billion” 2026 list, which recognizes 200 top-performing small and mid-sized companies across the Asia-Pacific region. The annual ranking features companies with annual sales ranging from $10 million to $1 billion that have demonstrated strong financial performance and sustained growth. Among the Philippine firms included this year …

Most Philippine banks expect to maintain their lending standards in the third quarter of 2026, signaling continued stability in the country’s banking system despite lingering geopolitical uncertainties, according to the latest Bangko Sentral ng Pilipinas (BSP) survey. Results of the BSP’s Senior Bank Loan Officers’ Survey (SLOS), released on Thursday, showed that 75.5 percent of respondent banks expect no change …

The Bangko Sentral ng Pilipinas (BSP) has reminded Philippine companies and government entities planning to secure foreign loans to submit their Foreign Borrowings Plan (FBP) for the fourth quarter of 2026 and full-year 2027 on or before Sept. 30. The requirement covers resident entities intending to obtain medium- and long-term foreign loans or borrowings from non-residents, including those planning offshore …

State-owned Development Bank of the Philippines (DBP) has partnered with the Philippine Institute of Volcanology and Seismology (PHIVOLCS) to integrate geohazard information into its risk management system and strengthen lending and investment decisions. DBP President and Chief Executive Officer Michael O. de Jesus said the agreement gives the bank access to PHIVOLCS’ GeoRiskPH platform, enabling it to use science-based hazard …

BDO Unibank, Inc. posted a net income of ₱40.7 billion in the first half of 2026, slightly higher than the ₱40.6 billion recorded in the same period last year, as strong lending activity and improved asset quality offset higher provisions for potential risks. The bank reported a return on equity of 12.7 percent, reflecting the sustained strength of its core …

EastWest is widening access to its Personal Equity and Retirement Account (PERA) products through new partnerships with DragonFi and Luna Securities, making it easier for Filipinos to invest for their retirement through digital platforms. The partnerships enable customers to access EastWest PERA through online investment platforms designed to simplify retirement planning and encourage long-term saving. PERA is a voluntary retirement …