Tag: BPI

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Fresh River Lakes secures ₱15-B loan facility

Fresh River Lakes Corp. (FRLC), a wholly owned subsidiary of First Gen Corp., has secured a total of P15 billion in loan facilities from three major Philippine banks—BDO Unibank Inc. (BDO), Bank of the Philippine Islands (BPI), and Rizal Commercial Banking Corp. (RCBC). 

BPI posts P33B net profit in 1H on strong lending

Bank of the Philippine Islands (BPI) reported a net income of P33 billion for the first half of 2025, up 7.8 percent from P30.6 billion a year ago, as strong lending activity and higher margins lifted revenues despite rising costs and provisions.

BPI lists P40B SINAG bonds on PDEx

The Bank of the Philippine Islands, the country’s third largest lender by assets, has listed its P40 billion Supporting Inclusion, Nature, and Growth (SINAG)...

BPI closes SINAG Bond offer early

The Bank of the Philippine Islands, the country’s third largest lender by assets, has announced the early closure of its public offering for the BPI Supporting Inclusion, Nature, and Growth (SINAG) Bonds, originally scheduled to run from May 20 to May 30. 

BPI launches P5B SINAG sustainability bonds

The Bank of the Philippine Islands (BPI) has launched the BPI SINAG Bonds—its first issuance under a P200-billion bond and commercial paper program—with an initial offer size of P5 billion, and an option to increase based on investor demand. 

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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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