Banking & Insurance

Metrobank discarding old app for new

Metrobank is encouraging its clients to switch to the new Metrobank app, as the old app is set for deactivation. To enjoy uninterrupted mobile...

Monetary Board maintains policy settings

The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) on Thursday kept its policy settings unchanged as projected, having made a surprise off-cycle adjustment two weeks earlier to keep inflation from getting disanchored. 

BTr awards entire P30B of bonds offered at auction

The Bureau of the Treasury awarded in full the P30 billion in treasury bonds due August 2033 on strong demand from the market.

Metrobank supports ACEN renewable energy expansion program with P5B loan

Metropolitan Bank & Trust Co. (Metrobank), one of the country’s largest, has signed a P5 billion loan with ACEN, the listed energy platform of the Ayala group, to fund renewable energy expansion projects across the country.

RCBC net income lower as expenses rose faster

Rizal Commercial Banking Corp. said Tuesday net profit in the nine months declined to P9.03 billion from P10.06 billion in the year-earlier period, hurt by the faster growth in expenses.

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