Banking & Insurance

Former DBP chief Herbosa joins Ovialand as independent director

Former Development Bank of the Philippines president and CEO Emmanuel Herbosa has joined property developer Ovialand as independent board director. He brings with him more...

Asset sale helps lift 1Q PNB net income 71% higher

Philippine National Bank started the year with a strong growth in profitability and posted consolidated net income of P4.8 billion in the first three...

High-interest deposits, expense cuts help Security Bank lift 1Q net income 18% higher

Security Bank Corporation has reported net profit of P2.4 billion in the first quarter this year, driven by growth in core businesses.  On a sequential...

Gcash makes it convenient for Filipinos to borrow

Five in 10 Filipinos have outstanding loans, according to the Bangko Sentral ng Pilipinas’ (BSP) latest Financial Inclusion Survey in 2021. Of this number,...

LANDBANK agri loan hits P271.8B in 1Q

The Land Bank of the Philippines (LANDBANK) reported a 14.8 percent growth in loans to the agriculture sector in the first quarter of the...

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