Banking & Insurance
PNB reports 22% profit growth in H1
Philippine National Bank, the country’s 8th lender by assets, posted a net income of P12.5 billion for the first half, a 22 percent increase driven by sustained improvements in core revenues. The revenue gains were primarily fueled by net interest income and net service fees and commissions.
BDO 1H profit rose despite higher costs
BDO Unibank Inc., the Philippines' largest lender by assets, announced a 3 percent increase in net profit for the first half of the year, reaching P40.61 billion.
Alternergy hits ₱4.9B in loans for Rizal wind farm
Alternergy Holdings Corp. subsidiary Alternergy Tanay Wind Corp. has secured the third drawdown of ₱1.4 billion from its ₱5.3-billion loan facility with Bank of the Philippine Islands (BPI) and Security Bank, the company announced Sunday.
Banks still cautious on lending, but tightening slows — BSP
The various banks are maintaining a cautious stance toward lending, though signs of easing in their risk aversion emerged in the latest 2Q 2025 Senior Bank Loan Officers’ Survey (SLOS) released by the Bangko Sentral ng Pilipinas (BSP).
GSIS expands emergency loan program across more Luzon areas
The Government Service Insurance System (GSIS) has broadened its emergency loan program to include additional localities in Luzon and the National Capital Region (NCR), following new state of calamity declarations by local government units.
