Manila, August 1, 2022 — UnionBank of the Philippines announced today that it has completed the acquisition of Citi’s consumer banking business in the Philippines. Ana A. Delgado, Chief Customer
BDO Unibank, Inc. (BDO) grew its net income by 12% year-on-year (YoY) to P23.9 billion in the 1H 2022 on strong results across its core businesses. Customer loan portfolio went
MAKATI CITY, Philippines — Bank of the Philippine Islands delivered strong first half results posting a net income of P20.4 billion up 73.0% year-on-year on higher revenues and lower provisions.
Moody’s Investors Service affirmed China Banking Corporation’s (China Bank) credit rating on the back of its strong capitalization and profitability. Deposit and issuer credit ratings remained at Baa2, a notch
Makati City, Philippines – Security Bank (PSE: SECB) is offering up to PHP1 billion worth of fixed-rate bonds due in 2024 with an oversubscription option (the “Bonds”). The Bonds will
BDO Unibank, Inc. (BDO) has recently received an updated accreditation on its Sustainable Finance Framework (SFF) from Sustainalytics relative to the expansion of SFF eligible categories to include blue projects
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
Here’s how banks can help employers empower, improve their employees’ financial well-being Have you ever heard of ‘financial stress?’ According to experts, this condition refers to that state of anxiety
As financial institutions continue to invest heavily in technology to augment, digitize, and even disrupt traditional operations and service offerings, the concept of what constitutes a ‘bank’ continues to change
