Banking & Finance

Philippines gets BBB+ rating from S&P

The Philippines retains its investment-grade status as S&P Global Ratings affirms its long-term BBB+ and short-term A-2 ratings, while projecting slower growth for the economy this year. On November 27, 2025, S&P (Standard & Poor’s) index made the announcement as the government temporarily halts key infrastructure projects amid probes into suspected misuse of flood-control funds. The agency noted that the …

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BSP: Reliable data helps uplift Filipino lives

The Bangko Sentral ng Pilipinas (BSP) emphasized the importance of reliable data in crafting policies that benefit the Filipino people. “Data is the lens through which we understand our people’s needs, and the map that helps us reach a better future,” said BSP Monetary Board Member (MBM) Rosalia V. De Leon. De Leon stressed that data enables government to measure …

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Security Bank posts 7% net profit growth on strong loan expansion

Security Bank Corp.’s net profit rose 7 percent year-on-year to ₱9.1 billion in the first nine months of 2025, fueled by robust loan growth, the bank reported in a disclosure to the Philippine Stock Exchange (PSE) on Friday. Total revenues jumped 22 percent to ₱48.8 billion by the end of September, while net loans increased 8 percent to ₱672 billion, …

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BSP warns public against SMS scams targeting bank accounts

The Bangko Sentral ng Pilipinas (BSP) on Friday warned that any text message containing links claiming to be from banks or e-money issuers is likely a scam. In a press release, the central bank clarified that legitimate financial institutions will never send links via SMS. Scammers use a tactic called “text hijacking,” inserting fake messages into legitimate threads to make …

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LANDBANK Q3 income climbs 42% year-on-year to P35.65-B

LANDBANK achieved a significant 42% jump in net income to ₱35.65 billion as of the third quarter of 2025, already surpassing its full-year earnings of ₱35.36 billion in 2024, and underscoring the Bank’s robust financial trajectory and performance above historical averages. Total assets expanded to a record ₱3.45 trillion, supported by growth in loan and investment portfolios. This solidifies LANDBANK’s …

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DBP senior official named top audit executive

An international group of audit practitioners has named a senior executive of state-owned Development Bank of the Philippines (DBP) as “Chief Audit Executive of the Year”, citing his contributions in elevating the internal audit function in the government service. Senior Vice President Ryan R. Gabinete, head of DBP’s internal audit group, was recently conferred the honor by the Institute of …

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Metrobank nets P37.3-B income in Jan–Sept 2025 on strong loan growth

Metropolitan Bank & Trust Co. (Metrobank) posted a record net income of ₱37.3 billion in the first nine months of 2025, up 4 percent year-on-year, driven by strong loan expansion and higher trading income. In a disclosure to the Philippine Stock Exchange (PSE) last week, the bank reported a 12.1 percent annual increase in pre-provision operating profit to ₱59.2 billion. …

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Most banks to keep credit standards steady in Q4 — BSP

Most Philippine banks are expected to maintain their credit standards for both businesses and households in the fourth quarter of 2025, according to the Bangko Sentral ng Pilipinas (BSP). Results of the BSP’s latest Senior Bank Loan Officers’ Survey (SLOS) released last week showed that a larger percentage of banks anticipate keeping their lending rules—covering interest rates, collateral requirements, loan …

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LANDBANK Q3 income climbs 42% year-on-year to P35.65-B

LANDBANK achieved a significant 42% jump in net income to ₱35.65 billion as of the third quarter of 2025, already surpassing its full-year earnings of ₱35.36 billion in 2024, and underscoring the Bank’s robust financial trajectory and performance above historical averages. Total assets expanded to a record ₱3.45 trillion, supported by growth in loan and investment portfolios. This solidifies LANDBANK’s …

Read More »

DBP senior official named top audit executive

An international group of audit practitioners has named a senior executive of state-owned Development Bank of the Philippines (DBP) as “Chief Audit Executive of the Year”, citing his contributions in elevating the internal audit function in the government service. Senior Vice President Ryan R. Gabinete, head of DBP’s internal audit group, was recently conferred the honor by the Institute of …

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