BDO Unibank, Inc. (BDO) recorded a net income of 42.8 billion in 2021 against 28.2 billion in 2020, an increase of 51%. BDO’s full year profits were buoyed by an 11% increase in non-interest
Metrobank’s net income rose by 60% to P22.2 billion in 2021. Earnings more than doubled to P6.0 billion in the fourth quarter of 2021, boosted by the decline in provisions
At its meeting on monetary policy today, the Monetary Board decided to maintain the interest rate on the BSP’s overnight reverse repurchase facility at 2.0 percent. The interest rates on
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno reported to an international audience the Philippine central bank’s efforts to encourage Philippine banks to become advocates of sustainable finance. Governor
The Securities and Exchange Commission (SEC) has collected P119.07 million in fees and penalties, or an average of P11.9 million per month from March 2021 to January of this year,
The Bangko Sentral ng Pilipinas (BSP) and the Commission on Elections (COMELEC) signed an Escrow Agreement for the safekeeping of the Automated Election Systems (AES) source code for the National
The directive of Secretary Carlos Dominguez III for the Department of Finance (DOF), its attached agencies, and government financial institutions (GFIs) to vigorously pursue their respective digital transformation programs long
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has approved the upgrade of the commercial banking license of Philippine Bank of Communications (PBCOM) to that of a Universal
The Office of the Ombudsman (OMB) has ordered an officer of the Bureau of Internal Revenue (BIR) to pay a fine equivalent to six months of his salary for failing
Manulife Financial Corporation announced today that it has received approval from the Toronto Stock Exchange (TSX) for its previously announced normal course issuer bid (NCIB) permitting the purchase for cancellation
