Banking & Insurance
Salmon Group raises $100 million to expand in the Philippines
The Salmon Group has raised US$100 million in fresh funding, marking a major leap in its push to expand across the Philippines’ fast-growing financial services market. The round was heavily oversubscribed, signaling strong investor confidence in the company’s rapid rise and long-term vision.
Loan growth drives BPI Q1 profit, margin gains
Bank of the Philippine Islands (BPI) posted a solid start to 2026, with first-quarter net income rising to P16.9 billion, up 1.7 percent year-on-year and 4.9 percent quarter-on-quarter, supported by stronger lending, wider margins, and resilient fee income.
BPI flags limited risk amid Middle East tensions
Jaime Augusto Zobel de Ayala, chairman of Bank of the Philippine Islands (BPI), said the lender is closely tracking the escalating crisis in the...
Filinvest Land taps market with dual bonds
Filinvest Land Inc. is returning to the capital markets in May with a dual-tranche, fixed-rate bond offer totaling up to P11.57 billion, combining a base offer of P9 billion and an oversubscription option of P2.57 billion.
BSP likely to raise rates as inflation risks rise
The Bangko Sentral ng Pilipinas (BSP) is expected to increase its policy rate by 25 basis points on April 23, as inflation risks become more persistent and widespread.
