Banking & Insurance
Lender posts strong 9-month results with revenues outpacing costs
Security Bank Corp. reported solid growth for the first nine months of 2025, with total revenues rising 22 percent year-on-year to P48.8 billion. Net profit increased 7 percent to P9.1 billion, reflecting stronger lending activity and improved margins, despite higher provisions for credit losses.
BSP: Reliable data key to policies that truly help Filipinos
The Bangko Sentral ng Pilipinas (BSP) stressed the crucial role of accurate and accessible data in shaping policies that improve the lives of Filipinos.
Marcos names Charlito Mendoza as new BIR chief
President Ferdinand R. Marcos Jr. has appointed Finance Undersecretary Charlito Martin Mendoza as the new commissioner of the Bureau of Internal Revenue (BIR), replacing Romeo Lumagui Jr., who led the agency for three years.
BSP pushes blended finance to fund climate adaptation, build resilience
The Bangko Sentral ng Pilipinas (BSP) is calling for stronger use of blended finance to support climate adaptation and resilience projects across the country.
PNB launched P3B Sustainability Bond Offer
Philippine National Bank (PNB), the country’s eighth-largest lender by assets, is set to raise at least P3 billion through a dual-tranche, peso-denominated sustainability bond...
