Banking & Insurance

UnionBank net profit surges in 3Q

Union Bank of the Philippines (UnionBank), the country’s 10th largest lender by assets, posted a third-quarter net income of P3.2 billion, a 77 percent...

Nat Re directors quit amid GSIS turmoil

National Reinsurance Corp. of the Philippines (Nat Re), the country’s sole domestic reinsurer, said two members of its board of directors—Emmanuel de Leon Samson...

BDO profit rise to P63.1B in 9 months

BDO Unibank Inc. (BDO), the country’s largest lender by assets, reported a net income of P63.1 billion in the first nine months of 2025,...

Core lending, fee drive PNB net income higher

Philippine National Bank (PSE: PNB) posted a consolidated net income of P18.5 billion for the first nine months of the year, a 23 percent increase from the year-earlier period, driven by growth in core lending, investment securities, and fee-based income.

Employee, retiree groups express full support for GSIS leadership

The major groups representing government workers and retirees — the Philippine Government Employees Association (PGEA), the Philippine Alliance of Retired Educators (PARE), and the GSIS Retirees Association, Inc. (GRAI) — have declared their full support for GSIS president and general manager Wick Veloso.

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