Banking & Insurance
Treasury bill rates slipped amid easing hopes
Average rates on treasury bills were lower at Monday’s auction, reflecting expectations of further monetary easing by the Bangko Sentral ng Pilipinas (BSP).
BSP expands financial literacy drive to boost MSME growth, support economic inclusion
The Bangko Sentral ng Pilipinas (BSP) continued its push for economic inclusion and financial empowerment through its flagship Economic and Financial Learning Program (EFLP), hosting a two-day financial literacy session tailored for micro, small, and medium enterprise (MSME) owners and workers in Dasmariñas City.
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.
