Banking & Insurance
BPI makes ₱10 InstaPay transfer fee permanent
The Bank of the Philippine Islands (BPI) has announced that its reduced ₱10 InstaPay fee for interbank fund transfers, originally introduced as a promotional offer, will become a permanent feature starting the first day of June this year. The move reinforces the bank’s focus on digital innovation and financial accessibility.
BankCom hikes dividend after record 2024 profit
Bank of Commerce (BankCom), an affiliate of San Miguel Corp., has approved a 79 percent increase in cash dividends for common shareholders, totaling P631.4 million, following its record P3-billion profit in 2024.
BDO declares P5.86B cash dividend, names new comptroller
BDO Unibank Inc., the Philippines’ largest lender by assets, said its board has approved the declaration of a regular cash dividend that total P5.86...
InLife grows net income, premiums in 2024 surge
Insular Life (InLife), the country's first and largest Filipino-owned life insurer, reported improved financial results for 2024, driven by increased insurance revenues and robust sales performance, according to president and CEO Raul Antonio E. Littaua.
ADB bares major Southeast Asia push at regional summits
Asian Development Bank (ADB) President Masato Kanda reaffirmed in Malaysia the institution’s strong commitment to advancing regional cooperation and integration at the 16th BIMP-EAGA and IMT-GT Summits, highlighting a unified approach to tackling regional challenges while unlocking shared opportunities.
