Banking & Insurance
PNB posts 17% jump in first-half net income to P14.6 billion
The Philippine National Bank on Friday announced a strong financial performance for the first half of 2026, delivering a net income of P14.6 billion, which marks a 17 percent increase compared to the P12.5 billion recorded during the same period last year.
BPI Wealth pushes easier retirement planning on its 175th year
As the Bank of the Philippine Islands turns 175, its wealth management arm BPI Wealth is making retirement planning more accessible, calling for shared effort across all sectors to improve Filipinos’ readiness for their later years.
BPI to launch stablecoin settlement system for faster, cheaper cross-border payments
The Bank of the Philippine Islands (BPI) has announced plans to introduce stablecoin settlement rails in partnership with global digital clearinghouse Meridian, aiming to modernize how funds enter the country with an initial focus on payroll support for informal economy workers such as freelancers and virtual assistants.
ADB backs LWUA’s P1.99-B projects for water districts
The Asian Development Bank will support the Local Water Utilities Administration in carrying out a P1.99 billion development project covering 11 water districts across the country.
Young Filipinos accelerate digital savings shift
More young Filipinos are turning to digital banking not only for payments and fund transfers but also as their preferred tool for building savings, signaling a broader transformation in financial habits driven by mobile technology and greater financial inclusion.
