BDO Unibank, Bank of the Philippine Islands, and Metropolitan Bank & Trust Co.—the largest, second and fourth largest lenders by assets, according to a central bank report—also reported improvements in their nonperforming loan ratios on the growth of the loan portfolio and the steady or lower nonperforming loans.
Globe Telecom has launched a new 5G network facility at Miriam College, marking another milestone in its effort to support modern education and empower the next generation of learners.
Globe Telecom has secured a P5-billion term loan facility from BDO Unibank, providing additional financial flexibility to support network investments, refinance existing obligations, and meet general corporate funding requirements as demand for digital services continues to rise.
Freelancing has become an increasingly popular career choice in the Philippines, with the sector recording a 208 percent growth in revenue between 2019 and 2020 – the highest rate across Asia.
The Bank of the Philippine Islands (BPI), through its foundation arm, is advancing financial inclusion by rolling out financial education initiatives in communities near ACEN’s renewable energy project sites. The partnership covers areas in Quezon, Laguna, and Zambales provinces, targeting around 3,000 direct beneficiaries.