Top Philippine banks navigate inflation and rate hikes successfully

Leading Philippine banks, including BDO Unibank Inc. and Bank of the Philippine Islands, demonstrate resilience in the face of high inflation and tight rate hikes, while caution is advised for second-tier banks due to profitability pressure and risks associated with riskier lending segments, according to a report by CreditSights.

BDO Life urges Filipinos to drop “Bahala Na” mindset

The life insurance arm of BDO Unibank Inc. led by bankero Nestor Tan continues to urge Filipinos to drop their “Bahala Na” mindset and prepare for the future amid the uncertainties brought about by the COVID-19 pandemic.