Cocolife earns top honors at Asia CEO Awards 2023
Cocolife achieved success at the Asia CEO Awards 2023, marking its enduring commitment to Filipinos and reinforcing its position as a significant player in the industry.
BSP launches 2023 Fin-Ed Congress, unveils e-learning modules for January 2024 launch
The Bangko Sentral ng Pilipinas inaugurated the 2023 Fin-Ed Congress, introducing e-learning modules set to launch in January 2024 to enhance financial education nationwide.
RCBC redefines financial management for Filipino entrepreneurs with revolutionary app
The RCBC Boz app, introduced by Rizal Commercial Banking Corp, revolutionizes financial management for Filipino entrepreneurs, aiming to empower the tech-savvy generation and streamline operations across diverse sectors.
Philippine banks report P270 Billion net profits by end of September
Philippine banks report a 10.4 percent year-on-year increase in collective net profits to P270.352 billion by the end of September 2023, driven by growth in loans, deposits, and income, with a stable outlook despite challenges in the interest rate environment.
Citystate Savings Bank inaugurates new branch lite unit in Naga
Citystate Savings Bank inaugurates its 33rd branch, the Naga Branch Lite Unit, marking its entry into the Bicol Region.
BDO and BPI extend P20 Billion loans for hydroelectric power plant project
First Gen Corp. secures P20 billion loans from BDO and BPI to finance the acquisition of the 165-megawatt Casecnan Hydroelectric Power Plant, a crucial component in the company’s transition to a decarbonized energy system.
Metrobank approves P5 Billion loan facility for Ayala group energy platform
Metrobank approves a P5-billion loan facility for ACEN Corp., the Ayala Group’s energy platform, to support the expansion of renewable energy projects in the Philippines.
UnionBank launches ‘UB Negosyante’ as part of ‘Powered UP’ campaign to empower MSMEs
UnionBank launches ‘UB Negosyante’ as part of the ‘Powered UP’ campaign, building on the success of their MSME Business Banking app and contributing to the digital economy.
AUB achieves 32% profit surge in first nine months of 2023
Asia United Bank (AUB) reports a 32% increase in consolidated net income to P6.1 billion for the first nine months of 2023, citing sustained business volume, margin growth, and higher non-interest income.
BankCom surpasses full-year 2022 profits with record P2 Billion net income in first nine months of 2023
Bank of Commerce (BankCom), affiliated with San Miguel Corporation, surpasses its full-year 2022 profits with a record net income of P2 billion in the first nine months of 2023.