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.
Global communications company Infobip has introduced a new platform called AgentOS to help businesses automate customer interactions and manage communications more efficiently.
The Securities and Exchange Commission (SEC) has warned the public not to deal with companies offering investments or loans without proper registration and permits.
Maya has strengthened its efforts to support women-led businesses by teaming up with nonprofit group SPARK! Philippines, aiming to close long-standing gaps in financing and business support.