Tag: BPI

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AboitizPower unit secures loan for wind project

Aboitiz Power Corp. said its renewable energy subsidiary has secured a P6.1 billion project finance facility from Bank of the Philippine Islands, the country’s 4th largest lender by assets, to fund the construction of a new wind power project in southern Luzon.

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...

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Cebu Pacific leases aircraft to Vietnam Airlines

Cebu Pacific, the budget carrier brand of the Gokongwei Group’s listed unit Cebu Air Inc., has signed a wet lease agreement with Vietnam Airlines as the Philippine carrier looks to generate more revenue from its growing fleet.

Fewer child laborers, yet more children working

The Philippines made progress in reducing child labor in 2025, but the gains came with a troubling twist. More Filipino children entered the workforce even as the number trapped in hazardous or exploitative work remained stubbornly high.

BPI delivers steady earnings despite higher loan provisions

Bank of the Philippine Islands, the banking unit of the Ayala Group, kept its earnings largely intact in the first half of 2026 as solid loan growth and stronger fee income offset a sharp rise in provisions for potential credit losses.

Ayala investments get fresh lift after Singapore talks 

The Ayala Group is poised to ramp up investments in digital infrastructure and healthcare after President Ferdinand R. Marcos Jr. held separate meetings with key Singapore-based partners during his working visit, reinforcing investor confidence in two sectors seen as vital to the country's long-term growth.

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