Banking & Insurance
Over 200 USM students open first bank accounts under central bank’s youth inclusion drive
More than 200 students opened their first transaction accounts during a Youth Financial Inclusion (YFI) Initiative onboarding activity at the University of Southern Mindanao (USM) on Jan. 30, 2026.
PNB posts strong 2025 growth, digital gains soar
Philippine National Bank recorded a consolidated net income of P25.3 billion in 2025, marking a 20 percent increase from the prior year and boosting return on equity to 11.1 percent, up 70 basis points. The performance reflects strong core business results, disciplined cost management, and operational efficiency across its lending, deposit, and fee-generating activities.
Gov’t moves to clear P3B obligation to LRMC, signals stronger PPP commitment
The Light Rail Transit Authority (LRTA) is seeking a P3-billion loan from Land Bank of the Philippines to settle its remaining financial obligations to Light Rail Manila Corp. (LRMC), the private operator of LRT Line 1.
EastWest profit surges on strong momentum
East West Banking Corp., the country’s 11th largest lender by assets, capped 2025 with a 21 percent jump in net income to P9.2 billion, powered by robust core revenues, double-digit fee growth and tighter cost discipline, underscoring the bank’s expanding earnings engine in a competitive market.
GSIS offers low-interest, short-term loans via mobile app
The Government Service Insurance System (GSIS) has launched Ginhawa Go, a short-term micro-loan program for government employees, offering quick access to cash through the GSIS Touch mobile app.
