Banking & Insurance
PBB nine-month net income matches full-year 2023 profit
Philippine Business Bank said Monday nine-month net income surged 57 percent to P1.8 billion, matching earnings for the whole of 2023 on the back of double digit growth in loans and interest income as well as cost management.
PSE-listed securities attract $1.08B in foreign investments
Transactions on foreign investments registered with the Bangko Sentral ng Pilipinas (BSP) posted net inflows of USD1.025 billion in September.
IMF Survey: Digital financial services surge, traditional access declines
The International Monetary Fund (IMF) on Wednesday released the results of its 2024 Financial Access Survey (FAS), marking the survey's 15th anniversary.
EastWest Bank reports 20% net income surge
EastWest Banking Corporation (EW) announced on Wednesday a robust 20 percent increase in net income, reaching P5.8 billion in the first nine months of 2024, driven by a favorable securities trading environment and strong core business performance.
GCash offers grace period for borrowers affected by Kristine
GCash credit arm Fuse Lending on Wednesday announced a one-month grace period for borrowers affected by Severe Tropical Storm Kristine.
