Banking & Insurance

GSIS turns over P100M to PhilPost for MCPO fire insurance

State property insurer and pension fund Government Service Insurance System (GSIS) has paid an initial P100 million to the Philippine Postal Corporation (PhilPost) for...

Metrobank sustains 34% net income growth over six months to P20.9 billion

Metropolitan Bank & Trust Co. (Metrobank) on Wednesday reported net income rising 34.1 percent to P20.9 billion in the first six months this year...

BPI secures $300 million loan facility to partially refinance bond due Sept

Bank of the Philippine Islands, the country’s third largest lender by assets, announced Monday it signed a $300-million, 3-year syndicated term loan facility with...

Improving economy drives BDO earnings higher, brightens outlook

BDO Unibank, Inc., the country’s largest lenders by assets, said Monday its first half net income surged to P35.2 billion from P23.9 billion in the...

UnionDigital Bank’s Malaysian partners make it easy for Filipinos to save up for travel dreams

Malaysia's Capital A  has entered into a partnership with UnionDigital Bank, the digital bank subsidiary of Union Bank of the Philippines, to expand its fintech...

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