BDO, Metrobank, BPI, PNB largest private lenders in 2021

Family-owned banks led by BDO Unibank Inc., Metropolitan Bank & Trust Co. (Metrobank), Bank of the Philippine Islands (BPI), and Philippine National Bank (PNB) emerged anew as the largest private lenders in the country in terms of assets last year.

DBP boosts its cybercrime network

The Development Bank of the Philippines (DBP) has collaborated with the Cybercrime Investigation and Coordinating Center (CICC) to further strengthen the bank’s policies against potential cybersecurity threats and boost its capacity to defend critical system infrastructure.

Gov’t grants incentives to 5 projects worth P119-B in 2021

The government through the reconstituted Fiscal Incentives Review Board (FIRB) approved the grant of tax incentives to five big-ticket projects with a combined investment capital of P119.5 billion last year, according to the Department of Finance (DOF).