GSIS net earnings reach P138 billion
THE GOVERNMENT Service Insurance System (GSIS) posted a record net income of P138 billion in 2025.
This was supported by gross revenues reaching P344 billion...
Fed minutes show officials grappling with policy split, impact of AI on economy
WASHINGTON — Federal Reserve policymakers were in near-unanimous agreement to keep interest rates on hold at their meeting last month, but remained split over...
Metrobank posts record P49.7-B profit in 2025
METROPOLITAN BANK & Trust Co. (Metrobank) booked a record P49.7-billion net income in 2025, backed by steady loan growth and strong trading gains.
Before provisions,...
Yields on term deposits drop before BSP review
THE BANGKO SENTRAL ng Pilipinas’ (BSP) one-week term deposits fetched lower yields on Wednesday as the offer attracted strong demand on expectations of another...
Security Bank widens nationwide footprint
SECURITY BANK CORP. opened five new branches in January located in Luzon and Mindanao to expand its footprint nationwide.
This brought its total branch network...
Bank ‘risk transfer’ boom needs close monitoring, Basel Committee warns
LONDON — Banks are increasingly turning to bespoke deals with private investment funds to shed credit risk, but the market needs close monitoring as...
HMOs’ profit surges to P3.99B
THE HEALTH maintenance organization (HMO) industry saw its combined net income rise by nearly 300% last year as companies expanded their customer base and...
Peso soars to near five-month high as US-Iran talks soothe sentiment
THE PESO jumped to a near five-month high against the dollar on Wednesday, supported by easing geopolitical concerns amid ongoing negotiations between the United...
DBP optimistic on growth despite profit drop
THE DEVELOPMENT Bank of the Philippines (DBP) remains optimistic on its prospects for this year despite posting a lower net income in 2025 due...
European countries’ finance chiefs pushing for bigger global role for euro
EURO-AREA finance chiefs are pushing to expand the single currency’s global role, as US President Donald J. Trump roils markets and the US dollar...
LANDBANK raises P50 billion from ASENSO bonds
THE Land Bank of the Philippines (LANDBANK) raised P50 billion from its dual-tenor sustainability bond offering as it saw strong demand from both institutional...
T-bill yields decline further on expected BSP cut
THE GOVERNMENT increased the amount of Treasury bills (T-bills) it awarded on Monday as yields continued to ease ahead of an expected rate cut...