Philippine bond yields decline
YIELDS on Philippine government securities fell last week due to strong demand and as investors expect the central bank to cut interest rates sooner following a sharp slowdown in economic growth.
Rate of one-month BSP debt paper slips further at auction
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) one-month securities fell on Friday amid strong demand.
Total bids of the BSP 28-day bills reached P129.481...
Philippine banks to see ‘robust’ credit growth as rates go down
PHILIPPINE BANKS may see strong demand for loans until next year as the economy remains strong and as borrowing costs continue to go down...
BPI looks to sustain 12-13% loan growth
BANK of the Philippine Islands (BPI) is looking to sustain its loan growth at the mid-teens range next year as it continues to expand...
Bank of Commerce targets to increase lending to retail sector
BANK of Commerce (BankCom) is looking to increase the share of retail loans in its portfolio to help boost its margins amid easing borrowing...
Peso rebounds on improving risk sentiment
THE PESO strengthened against the dollar on Thursday as investor confidence got a boost after President Ferdinand R. Marcos, Jr. said the government is...
Sun Life Philippines is still top life insurer in premium terms
SUN LIFE of Canada (Philippines), Inc. (Sun Life Philippines) kept its place as the top life insurer in the country in terms of premium...
PNB looks to raise at least P3B from dual-tenor bond offering
PHILIPPINE NATIONAL Bank (PNB) targets to raise at least P3 billion from an offering of dual-tenor sustainability bonds.
The bank will launch an offering of...
Insurance industry’s combined premiums climb to P372 billion
THE INSURANCE industry saw its premium income rise by 13.25% year on year to P372.08 billion as of end-September, driven by the life insurance...
Yields on BSP’s seven-day term deposits drop further
THE TERM DEPOSITS offered by the Bangko Sentral ng Pilipinas (BSP) fetched a lower average rate on Wednesday as the offer was met with...
Central bank posts lower net earnings
THE BANGKO SENTRAL ng Pilipinas (BSP) saw its net profit decline in the first eight months of 2025 as it booked lower revenues.
The central...
Philippine Business Bank books nine-month net income of P1.52 billion
PHILIPPINE BUSINESS BANK (PBB) booked a net income of P1.52 billion in the first nine months of 2025, it said on Wednesday.
This translated to...