Banking & Insurance

BPI delivers steady growth, expands lending

Bank of the Philippine Islands (BPI) posted a solid full-year performance in 2025, booking net income of P66.62 billion, up 7.4 percent year on year, as strong revenue growth offset higher provisions and operating expenses.

Priority banking, special deposit rates extended to SRRV retirees

Security Bank Corporation has entered into an agreement with the Philippine Retirement Authority (PRA) to extend priority banking privileges and a special time deposit rate to foreign and returning Filipino retirees applying for the Special Resident Retiree’s Visa (SRRV).

Metrobank cuts transfer fee to P8, making digital transfers cheaper

Metropolitan Bank & Trust Co. (Metrobank) will lower its InstaPay transfer fee to P8 per transaction starting February 1, 2026, marking the lowest rate the bank has offered for the service and replacing the previous P25 charge.

Security Bank leads ₱2-B financing for solar project in Isabela

Security Bank Capital Investment Corp., together with parent company Security Bank Corp., has led and completed a ₱2.015-billion project financing for Solar Valley Energy Solutions, Inc., a 65-megawatt peak ground-mounted solar power project in San Pablo, Isabela.

Fed holds rates, keeps caution dialed

The US Federal Reserve kept interest rates unchanged on Wednesday, signaling confidence in the economy’s underlying momentum while resisting growing political pressure to ease policy.

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