Tag: BPI

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BPI delivers steady growth, expands lending

Bank of the Philippine Islands (BPI) posted a solid full-year performance in 2025, booking net income of P66.62 billion, up 7.4 percent year on year, as strong revenue growth offset higher provisions and operating expenses.

BPI prices P5B SIGLA Bonds at 5.405%

The Bank of the Philippine Islands (BPI) has priced its P5-billion peso-denominated fixed-rate BPI Supporting Individuals Grow, Lead, and Achieve (SIGLA) Bonds due 2028, with an option to upsize, marking the second tranche under its P200-billion Bond and Commercial Paper Program approved in October 2024.

Strong lending, margins drive BPI 9-month earnings

Bank of the Philippine Islands (BPI), the country’s third largest lender by assets, said strong loan growth and wider margins boost its financial performance in the first nine months of the year, with net income climbing 5.2 percent year-on-year to P50.5 billion.

Ayala expands P20B buyback to shares of units

Ayala Corp., the listed investment holding firm of the Ayala Group, said Thursday that its board of directors has approved an expansion of its...

Aboitiz signs P7.4B deal for Olongapo solar project

Aboitiz Renewables Inc., through its wholly-owned subsidiary AP Renewable Energy Corp. (APREC), has signed a P7.4-billion project finance agreement with the Bank of the...

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Philippines, Japan expand food security pact to cover fisheries 

The Philippines and Japan have broadened their agricultural cooperation to include fisheries, upgrading a 2023 agreement through an enhanced Memorandum of Cooperation (MOC) signed during President Ferdinand R. Marcos Jr.’s state visit to Japan. Signed by Agriculture Secretary Francisco P. Tiu Laurel Jr. and Japanese Agriculture Minister Norikazu Suzuki, the expanded pact aims to speed up technology transfer, modernize both sectors, and strengthen food security amid climate risks, higher production costs, and rising food demand.

Bank lending, liquidity rise in April: steady credit flow supports businesses and households 

Bank lending by universal and commercial banks climbed 11.4 percent in April 2026, picking up from the 10.7 percent growth seen in March.

GCash ditch SMS codes in major anti-fraud push

GCash will complete its transition from SMS-based one-time passwords (OTPs) to in-app authentication by June 22, marking a major cybersecurity upgrade aimed at protecting millions of users from phishing attacks and online fraud.

AmCham backs pork imports, seeks review of MAV rules

The American Chamber of Commerce of the Philippines (AmCham) has thrown its support behind the government's efforts to boost pork supply and curb rising food costs, while urging authorities to suspend and reassess newly issued import allocation guidelines that it says could disrupt established supply chains.

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