Banking & Finance

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 …

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. …

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 …

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 …

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 …

The national government’s total outstanding debt continued its slight decline, settling at ₱17.46 trillion as of end-September 2025, down from ₱17.47 trillion in August, according to the Bureau of the Treasury (BTr). In a statement Thursday, the BTr said the marginal decrease reflected the government’s “sound fiscal discipline, strategic borrowing strategy, and proactive liability management,” supported by stable market conditions …

The Bangko Sentral ng Pilipinas (BSP) expects inflation in October to settle between 1.4 percent and 2.2 percent, driven by higher prices of rice, fish, vegetables, electricity, and the peso’s depreciation. In a statement Thursday, the BSP said these upward pressures may be partly offset by lower prices of oil, meat, and fruits. “Going forward, the BSP will continue to …

The Manila-based Asian Development Bank (ADB) has expressed renewed commitment to support the Philippines’ energy-sector initiatives as the country seeks to meet growing demand and position itself as a regional energy player. In an interview on the sidelines of the Singapore International Energy Week (SIEW) on Wednesday, ADB Senior Director for Energy Priyantha Wijayatunga said the bank is looking to …

The Bangko Sentral ng Pilipinas (BSP) has amended the rules governing Islamic Banking Units (IBUs) to attract more players and strengthen the country’s Islamic finance industry. In a statement last week, the BSP clarified that IBUs will no longer be required to maintain separate capital since they operate as divisions or departments within conventional banks, even while observing Shari’ah principles …

The Bureau of the Treasury (BTr) successfully raised ₱35 billion from its dual-tranche Treasury bond (T-bond) offering on Tuesday, reflecting strong investor demand for government securities. The Auction Committee made a full award of the reissued seven-year and 25-year T-bonds. The reissued seven-year T-bond, which has a remaining term of six years and 10 months, fetched an average rate of …