Corporate

Maya, the country’s leading fintech ecosystem and digital bank, on Wednesday announced the launch of the Maya Black Credit Card, a premium, AI-powered credit product designed to extend credit access to a broader segment of Filipinos—especially digital-first consumers historically underserved by traditional banks.

Aboitiz Equity Ventures Inc. (AEV) reported a 35 percent year-on-year decline in first-quarter net income to ₱3.2 billion, down from ₱4.9 billion in the same period last year, as performance weakened across its power, banking, infrastructure, and real estate segments.

Metropolitan Bank & Trust Co., the country’s fourth largest lender by assets, reported a net income of P12.3 billion for the first quarter, driven by strong loan growth, a robust performance in fee and trading income, and moderating cost increases. 

Aboitiz Power Corp. has filed the shelf registration with the Securities and Exchange Commission (SEC) of fixed-rate retail bonds worth up to ₱100 billion, a move seen as a significant step in fortifying its capital structure and supporting its aggressive renewable energy expansion plans.

SM Prime Holdings Inc., one of the country's largest integrated property developers and mall operators, reported an 11 percent year-on-year increase in net income for the first quarter of 2025, reaching ₱11.9 billion, driven by resilient domestic demand and its diversified portfolio.