Banking & Insurance
New partnership seen boosting SME financing across Ph
Discovery Capital Finance Corp. (DCFC) and fintech company KreditHero, Inc. have announced a nationwide partnership to expand access to financing for small and medium enterprises (SMEs) across the Philippines. The collaboration combines Discovery Capital’s lending experience and network with KreditHero’s digital technology and wide reach, aiming to make it easier and faster for entrepreneurs to secure funding.
Banks post steady growth, solid profits — BSP
The Bangko Sentral ng Pilipinas (BSP) said the country’s banking sector remained strong and stable in the first half of 2025, backed by steady asset growth and solid profits.
GoTyme Bank hits 7.8 million depositors
GoTyme Bank, a joint venture between Gokongwei Group and Tyme Bank, said on Thursday that it has reached 7.8 million customers as it marks its third year in the Philippines.
BPI expands digital reach with Pay&Go tie-up
The Bank of the Philippine Islands (BPI), through its digital wallet VYBE, has partnered with Pay&Go to let users cash in for free at over 3,000 kiosks nationwide.
China Bank profit up 10%, assets reach ₱1.7T
China Banking Corp. on Thursday reported consolidated net income of ₱20.2 billion for the first nine months of 2025, a 10 percent increase from the same period last year. This translated to a 15.3 percent return on equity and 1.6 percent return on assets, among the highest in the industry.
