Banking & Insurance

The Bangko Sentral ng Pilipinas has launched a new book titled “Bahandi: The Surigao Treasure and Related Finds”at its head office in Manila. The publication shines a spotlight on extraordinary pre-colonial gold artifacts, revealing the rich cultural heritage and advanced civilization of early Filipinos long before the arrival of Spanish colonizers.

The Philippine National Bank (PNB) recorded a net income of ₱21.3 billion for the nine months ended September 30, 2026, marking a 15 percent increase from ₱18.5 billion during the same period last year. The performance underscores the bank’s disciplined execution, expanding core operations, and strengthening capital base as it drives long-term value creation.

The Bangko Sentral ng Pilipinas has welcomed a favorable assessment from Japan Credit Rating Agency highlighting the country’s continued economic resilience against global disruptions. The evaluation reinforces international confidence in the country’s capacity to absorb financial volatility, ensuring that domestic growth remains steady even during periods of global market instability and rising geopolitical tension.

Filipinos are adopting faster, digital-first methods to move money across borders, relying heavily on mobile wallets and bank transfers to support daily household needs while demonstrating an appetite for emerging digital currencies like stablecoins.

The Bank of the Philippine Islands (BPI) reported net income of P48.9 billion for the first nine months of the year, driven by solid loan growth, rising fee revenues, and steady business activity across core segments. Returns stood at 13.6 percent for return on equity and 1.8 percent for return on assets, with earnings tempered by ongoing investments in people, technology, network expansion, and prudent credit provisioning.