Banking & Insurance
EastWest Bank 2022 net income growth tamed by one-off items in 2021
EastWest Bank, the lender owned by the Gotianun Group, on Monday posted a net profit of P4.6 billion last year, just one percent higher than the P4.51 billion in 2021 which included one-off items.
ATRAM enhances data management, connectivity with Microsoft solutions
Leading independent asset and wealth management firm ATR Asset Management (ATRAM) Group has elevated their services through digital technology by integrating Azure API Management and Azure Synapse Analytics into their operations.
UnionDigital Bank promotes the adoption of embedded banking in Phl
Aboitiz-led UnionDigital Bank president and chief executive officer Henry Aguda shared success stories and use cases on significant advancements made in embedded banking in the Philippines.
PNB 2022 net income dropped 63% on lower one-off gains
Philippine National Bank said Monday net income last year dropped 63 percent year-on-year to P11.6 billion, with the double-digit growth in total operating income not enough to cover the one-off gains from properties-for-shares swap booked in 2021.
Customs on track to hit Q1 collection goal
The Bureau of Customs (BOC), the government’s second largest tax unit, is on track to meet its first-quarter collection target on the back of better tax compliance.
