Tag: BPI

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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. 

BPI posts ₱16.6B net income in 1Q

The Bank of the Philippine Islands (BPI) reported a net income of ₱16.6 billion for the first quarter as strong revenue growth offset increased operating expenses and provisions for credit losses.

ACEN secures P34.41B Loan for Quezon-Laguna wind farm

ACE Corp., the renewable energy arm of the Ayala Group, announced that its subsidiary, GIGA ACE 6 Inc., has secured a loan of up to P34.41 billion to finance its 344.5-megawatt onshore wind power project, which spans towns in Quezon and Laguna.

Ayala Corp. posts P42B net income in 2024, plans P200B capex in 2025

Ayala Corp., a diversified investment holding company, reported a record net income of P42.0 billion for 2024, up 10 percent year-on-year increase. Excluding one-off items, its core net income hit P45.0 billion, marking a significant milestone for the company. 

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TPB wraps up Camiguin tourism program, boosts dive sector

The Tourism Promotions Board (TPB) Philippines has successfully concluded its Domestic Tourism Invitational Program (DTIP) held in Camiguin, Northern Mindanao in July. The event brought together 11 tour operators and travel agents affiliated with TPB for an Open Water Dive Course, designed to build the country’s reputation as a top diving destination. Camiguin was chosen as the host site shortly after it became the only Philippine location included in The New York Times’ latest “52 Places to Go” list.

CBS earnings stay resilient as lending fuels first-half growth

CBS posted a net income of P1.19 billion in the first half of 2026, demonstrating the resilience of its core lending business as loan growth helped cushion the impact of global geopolitical uncertainties and a challenging domestic economic environment.

Technical issue temporarily takes down central bank website  

The Bangko Sentral ng Pilipinas (BSP) site is temporarily offline as technical teams address an unexpected system disruption.

SSS raises Century Properties stake to nearly 10%

The Social Security System (SSS) has increased its stake in Century Properties Group Inc. (CPG) to about 9.9 percent, deepening its investment in the listed property developer and signaling continued institutional confidence in the company's long-term growth strategy.

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