Banking & Insurance

A new player in Philippine social finance expects that technology and tighter guardrails can fix the trust deficit in grassroots fundraising.

Asia United Bank posted a record 12 percent rise in net income to P12.7 billion in 2025, driven by a stronger commercial lending portfolio and improved operational efficiency.

The war chest Social Security System, the Philippine state-run pension fund for private sector workers, has crossed a historic line. SSS posted reserve fund in excess P1 trillion for the first time in its history.

Security Bank Capital Investment Corporation, the investment banking arm of Security Bank Corporation, has arranged and managed P4 billion in privately placed corporate notes for Asialink Finance Corporation, Global Dominion Financing, Inc., and South Asialink Finance Corp., collectively known as the Asialink Group.

As online activity intensifies during the Valentine’s season, Bank of the Philippine Islands (BPI) and East West Bank have issued a strong and urgent warning: fraud schemes are surging, and scammers are aggressively targeting customers amid the spike in digital transactions and heightened emotions of the “love month.”