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.
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.
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.