Banking & Insurance

BDO Unibank, Inc. reported a net income of ₱40.7 billion for the first half of 2026, a modest increase from the ₱40.6 billion recorded in the same period a year earlier, supported by steady performance across its core business segments, with return on equity reaching 12.7 percent.

Union Bank of the Philippines delivered a strong earnings rebound in the first half of 2026, with net income more than doubling as sustained consumer lending, rising fee income and improving asset quality underscored the bank's recovery strategy.

Etiqa Philippines is marking its seventh year under the Etiqa brand by doubling down on customer experience, operational efficiency, and broader insurance access, underscoring how insurers are increasingly competing on service quality as much as product offerings.

Scam victims may be entitled to reimbursement if banks or other financial institutions fail to meet their obligations under the Anti-Financial Account Scamming Act (AFASA), according to Scam Watch Pilipinas, which urged the financial sector to strengthen its readiness as the law takes effect.

The Bangko Sentral ng Pilipinas has named Dino R. Gasmen as the new Assistant Governor for the Financial Markets sector, with his formal appointment set to take effect on January 18, 2027.