Philippine National Bank (PNB) has received two prestigious awards from the Social Security System (SSS) during the “Balikat ng Bayan” Awards (BBA) 2023 for their adherence to SSS requirements and their commitment to enhancing services for Filipino workers both in the country and abroad.

Metrobank’s remarkable 61-year journey: from humble beginnings to financial excellence

October 1, 2023

Celebrating its 61st anniversary, Metrobank’s evolution from a small office in Binondo, Manila, to a leading financial institution is a testament to its growth, diversification, and resilience, earning recognition in the industry and a strong commitment to empowering clients.

World Bank greenlights $600 Million loan to propel Philippines’ digital transformation

October 1, 2023

The World Bank has approved a $600-million loan to advance the Philippines’ digital transformation agenda, with a specific focus on digitizing government operations, expanding financial inclusion through digital finance, and nurturing the growth of digital services.

BSP expects September inflation to hit 6.1%

October 1, 2023

The Bangko Sentral ng Pilipinas (BSP) expects September’s inflation rate to potentially rise to 6.1 percent, attributing it to increased gas and power prices, despite recent months of declining inflation.

BDO and SMIC among ‘Outstanding Companies in Asia’

October 1, 2023

SM Investments Corporation (SMIC) and its banking arm, BDO Unibank Inc., have been recognized as Outstanding Companies in Asia by Asiamoney magazine in the Environmental, Social, and Governance (ESG) and Banking categories, respectively.

Union Bank removed from PSEi and other indices due to free float compliance issues

October 1, 2023

Union Bank of the Philippines (UnionBank/UBP) is set to be removed from multiple Philippine Stock Exchange (PSE) indices, including the PSEi, due to compliance issues with the minimum free float requirement, with Nickel Asia Corporation replacing it in the PSEi.

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