Banking & Insurance
Diokno to vote to hold rate in next MB meeting
Finance Secretary Benjamin Dioko said on Monday he will vote to keep interest rates steady when the central bank meets to review policy on 16 November.
PSBank strong Jan-Sep income driven primarily by auto loans
Philippine Savings Bank, the thrift banking unit of the Metrobank Group, said Monday net income in the nine months through September rose 18 percent year-on-year, pushed higher by the steady expansion of its core businesses, particularly car loans.
CalPERS to double climate investments, consider asset sales
California's top public pension system on Friday said it will more than double its climate-focused investments to $100 billion by 2030 and consider selling stocks in companies with poor plans for the energy transition.
Banks kept loan standards steady in 3Q
The bulk of the country's banks, when extending loans to households or businesses, have kept their lending standards unchanged in the third quarter, the Bangko Sentral ng Pilipinas said.
Metrobank gets earnings boost from assets expansion, margins
Metropolitan Bank & Trust Co. said Friday asset expansion, better margins and increased non-interest income drove net income in the first nine months 36 percent higher to a record-high P31.8 billion.
