Tag: PNB

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PNB reports 22% profit growth in H1

Banking & Insurance Context.ph Context.ph -
Philippine National Bank, the country’s 8th lender by assets, posted a net income of P12.5 billion for the first half, a 22 percent increase driven by sustained improvements in core revenues. The revenue gains were primarily fueled by net interest income and net service fees and commissions. 

LT Group reports 14% rise in net income in 2024

Corporate Context.ph Context.ph -
The LT Group Inc., the holding company led by tycoon Lucio Tan, reported a 14 percent increase in attributable net income in 2024 reaching P28.92 billion, up from P25.42 billion in 2023. The performance was driven by strong contributions from its tobacco, banking, and alcohol segments.

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Philippine financial system stable in 2025, but risks require close watch— FSCC report

Banking & Insurance 0
The Philippine financial system stayed resilient throughout 2025, with banks holding enough capital to absorb losses and strong capacity to support lending, according to the latest Financial Stability Report from the Financial Stability Coordination Council (FSCC).

AI boosts BPO productivity, talent shortage bites

Communications & Technology 0
Artificial intelligence is helping Philippine contact center and business process management (CC-BPM) firms generate more revenue per worker, but a persistent shortage of skilled talent is emerging as the industry's biggest constraint to growth, according to the Customer Experience Association of the Philippines (CXAP).

DTI, WomenBizPH deepen push for women entrepreneurs

Economy 0
The Department of Trade and Industry (DTI) and the Women's Business Council Philippines, Inc. (WomenBizPH) have renewed their partnership for another six years, underscoring growing efforts to unlock the economic potential of women-led enterprises as key drivers of inclusive growth.

RCBC backs P4.5B Iloilo solar storage project

Energy & Mining 0
German renewable energy developer ib vogt has secured a P4.5-billion senior debt facility from Rizal Commercial Banking Corporation (RCBC) to finance a 99-megawatt peak (MWp) solar power project with battery storage in Iloilo, marking a key milestone in the company's expansion in the Philippines.

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