Saturday, 08 November 2025, 9:23 am

    Banking & Insurance

    Banks post steady growth, solid profits — BSP

    The Bangko Sentral ng Pilipinas (BSP) said the country’s banking sector remained strong and stable in the first half of 2025, backed by steady asset growth and solid profits.

    GoTyme Bank hits 7.8 million depositors

    GoTyme Bank, a joint venture between Gokongwei Group and Tyme Bank, said on Thursday that it has reached 7.8 million customers as it marks its third year in the Philippines.

    BPI expands digital reach with Pay&Go tie-up 

    The Bank of the Philippine Islands (BPI), through its digital wallet VYBE, has partnered with Pay&Go to let users cash in for free at over 3,000 kiosks nationwide. 

    China Bank profit up 10%, assets reach ₱1.7T

    China Banking Corp. on Thursday reported consolidated net income of ₱20.2 billion for the first nine months of 2025, a 10 percent increase from the same period last year. This translated to a 15.3 percent return on equity and 1.6 percent return on assets, among the highest in the industry.

    EastWest Bank Reports P6.6-Billion Profit in First Nine Months, Driven by Strong Consumer Lending and Digital Growth

    East West Banking Corp. (EastWest) recorded a P6.6-billion net income for the first nine months of the year, up 14 percent from the same period last year, supported by steady core revenue growth. The bank’s return on equity (ROE)stood at 11.6 percent.

    Popular

    Subscribe

    spot_img