PNB net profit climbs to P6.37 billion in Q1
PHILIPPINE National Bank (PNB) posted a 5% increase in its first-quarter earnings as higher core and other income offset losses from trading and foreign...
Peso slips to near 1-month low amid fading peace deal hopes
THE PESO on Monday edged down to another near one-month low against the dollar as global crude oil prices went up as hopes for...
UnionBank net income surges to P3.8B
UNION BANK of the Philippines’ (UnionBank) net income surged by 167% in the first quarter, backed by the strength of its core businesses.
The bank’s...
Bank of Japan seen holding rates in messaging challenge for Ueda
THE Bank of Japan (BoJ) is widely expected to keep interest rates unchanged on Tuesday, setting up a communication challenge for BoJ Governor Kazuo...
T-bill, bond rates may be mixed as BSP signals more hikes ahead
RATES of the Treasury bills (T-bills) and Treasury bonds (T-bonds) to be auctioned off this week could be mixed after the Bangko Sentral ng...
Peso may drop to new lows amid fading US-Iran peace prospects
THE PESO could slide further against the dollar and even test new record lows as the escalating Middle East conflict’s impact on global crude...
Paywatch Philippines looks to roll out more services
FINTECH COMPANY Paywatch could roll out more services in the Philippines amid growing adoption of its earned wage access (EWA) tool.
Rowell O. del Fierro,...
Yields on government debt go up as central bank tightens stance
YIELDS on government securities (GS) traded at the secondary market closed mostly higher last week after the Bangko Sentral ng Pilipinas’ (BSP) delivered its...
BDO Q1 profit climbs to P20.1 billion
BDO UNIBANK, Inc.'s net profit grew by 2% in the first quarter, with gains from robust loan growth partly tempered by higher provisioning as...
Earned wage access provider Paywatch looks to grow user base
FINTECH COMPANY Paywatch wants to grow the user base of its earned wage access (EWA) tool to under one million, with the Philippine market...
The blind spot in Philippine credit and the case for full picture credit
By Ira Paulo Pozon
A quiet contradiction sits at the heart of financial inclusion in the Philippines.
More Filipinos today are inside the financial system than ever before. Accounts...
Home Credit Philippines joins LenderLink’s data exchange platform
CONSUMER FINANCE company Home Credit Philippines has joined LenderLink’s real-time credit data exchange platform, giving it access to borrower information to help in its...