Banking & Insurance
UnionBank Reports 9.2 Percent Revenue Growth in H1 2025
UnionBank of the Philippines, the country’s 10th largest lender by assets, said it maintained its strong topline momentum in the first half, reporting total revenues of P39.7 billion, a 9.2 percent increase year-on-year. The growth was largely driven by higher net interest income and an expanded fee-income base, reflecting the bank’s solid performance across key areas.
PNB reports 22% profit growth in H1
Philippine National Bank, the country’s 8th lender by assets, posted a net income of P12.5 billion for the first half, a 22 percent increase driven by sustained improvements in core revenues. The revenue gains were primarily fueled by net interest income and net service fees and commissions.
BDO 1H profit rose despite higher costs
BDO Unibank Inc., the Philippines' largest lender by assets, announced a 3 percent increase in net profit for the first half of the year, reaching P40.61 billion.
Alternergy hits ₱4.9B in loans for Rizal wind farm
Alternergy Holdings Corp. subsidiary Alternergy Tanay Wind Corp. has secured the third drawdown of ₱1.4 billion from its ₱5.3-billion loan facility with Bank of the Philippine Islands (BPI) and Security Bank, the company announced Sunday.
Banks still cautious on lending, but tightening slows — BSP
The various banks are maintaining a cautious stance toward lending, though signs of easing in their risk aversion emerged in the latest 2Q 2025 Senior Bank Loan Officers’ Survey (SLOS) released by the Bangko Sentral ng Pilipinas (BSP).
