GoTyme Bank customer base hits 7.8 million at end-October
GOTYME BANK’S customer base reached over 7.8 million as of end-October as it marked its third anniversary, driven by its partnerships and expanding touchpoints.
“Three...
Allianz PNB Life launches plan, benefits for single parents
ALLIANZ PNB Life Insurance, Inc. has launched a product suite for single parents that includes a life and health protection plan and exclusive benefits.
Allianz...
LANDBANK net income climbs to P35.64 billion
LAND BANK of the Philippines’ (LANDBANK) net income surged by 41.79% in the first nine months of 2025 on the strength of its core...
Seven-day term deposits fetch lower yields as inflation data bolster easing bets
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) seven-day term deposits dropped on Wednesday as the offer drew strong demand on slower-than-expected inflation in...
Mastercard appoints new PHL country head
MASTERCARD has appointed Jason Crasto as its new country manager for the Philippines to lead its business operations.
Mr. Crasto succeeded Simon Calasanz, who held...
Peso slides after inflation report
THE PESO weakened against the dollar on Wednesday as steady October inflation supported expectations of a December rate cut by the Bangko Sentral ng...
Yields on reissued bonds drop amid strong investor demand
THE GOVERNMENT fully awarded the dual-tenor Treasury bonds (T-bonds) it auctioned off on Tuesday as strong demand helped pull down rates.
The Bureau of the...
Metrobank’s net income climbs to P12.43 billion in third quarter
METROPOLITAN Bank & Trust Co. (Metrobank) booked a higher net profit in the third quarter that brought its nine-month income to a record for...
PHL insurance sector seen to sustain growth
THE PHILIPPINE insurance sector could post double-digit growth until next year as positive economic prospects could help drive spending and as the industry’s penetration...
Peso rises to two-week high on divided Fed, inflation bets
THE PESO continued to strengthen against the dollar on Tuesday, posting a two-week high, as several US Federal Reserve officials signaled that they are...
Divided Fed policymakers stake out positions ahead of December meeting
WASHINGTON — US Federal Reserve officials on Monday continued pressing competing views of where the economy stands and the risks facing it, a debate...
T-bill rates end mixed before Oct. inflation data
THE GOVERNMENT upsized its award of the Treasury bills (T-bills) it offered on Monday, with yields ending mostly slightly higher as Philippine headline inflation...