Technology News
Security Bank Corp. reported a 26% increase in pre-provision operating profit (PPOP) to ₱27.6 billion in 2025, driven by growth across its core banking businesses and other income streams. Total…
Security Bank Corp. is expanding its technology transformation with investments in modern system architecture, artificial intelligence (AI), real-time data platforms, cybersecurity, and automation to improve speed, reliability, and security across…
PNB Holdings Corp., the real estate development arm of Philippine National Bank (PNB), has placed its investor relations function under its chief financial officer, Ponciano Carreon Jr., as the company…
Metrobank will extend branch banking hours and open selected branches on Saturdays during the holiday season, as customers prepare for year-end expenses, send money to family members, and complete transactions…
UnionBank of the Philippines (UnionBank) is widely known as one of the country’s earliest adopters of digital banking. Its long-running partnership with Amazon Web Services (AWS) has helped the bank…
Metropolitan Bank & Trust Company (Metrobank), a universal bank, expects a pickup in economic activity in 2026, driven by the return of public construction and the delayed impact of monetary…
Mizuho Bank has started using the Boomi Enterprise Platform to support its transition to ISO 20022 and improve how it manages payment instructions across the Asia Pacific region. The bank…
Metropolitan Bank & Trust Co. (Metrobank) reported a net income of ₱37.3 billion for the first nine months of 2025, attributed to steady loan growth, improving margins, and controlled expenses.…
Security Bank has announced the appointment of Victor Lee Meng Teck as its next president and CEO, effective January 2026, pending regulatory requirements. Lee will succeed Sanjiv Vohra, who will…
Security Bank Corp. has launched a fixed-rate peso bond offering with a minimum issue size of ₱5 billion and an option for oversubscription. The bonds will have a tenor of…
Metrobank has launched the #EarlyGIFT Challenge and the Happy Holideals promo to encourage Filipinos to set financial goals and take advantage of offers on home and car loans ahead of…
Manulife Philippines and China Banking Corp. (Chinabank) have extended their long-term partnership through Manulife China Bank Life Assurance Corp. (MCBL) for another 15 years, continuing their joint effort to offer…
Metrobank’s Trust Banking Group received recognition at the 2025 CFA Society Philippines Awards for its strong performance in managing peso- and dollar-denominated unit investment trust funds (UITFs). “We are extremely…
The Bangko Sentral ng Pilipinas (BSP) has announced that it will begin accepting applications for new digital banks starting Jan. 1, 2025, following the lifting of a moratorium that has…
Ty-led Metropolitan Bank & Trust Co. (Metrobank) announced a net income of P23.6 billion for the first semester of 2024. The Bank attributed this to asset expansion, stable margins, controlled…
Global analytics software company Fico’s latest global consumer fraud research spotlights the critical need for efficient digital experiences among Filipino consumers when opening financial accounts via mobile apps or websites.…
Metropolitan Bank & Trust Co. (Metrobank) posted a 14.5% rise in its net earnings for the first quarter of 2024 compared to the same period last year, reaching P12 billion.…
Union Bank of the Philippines’ (UnionBank) shift toward a higher-margin income business model has been instrumental in driving growth. With the fourth-largest consumer loan portfolio among banks, comprising 58% of…
UnionBank of the Philippines (UnionBank) Wealth Management is intensifying its efforts to assist clients in expanding their wealth in 2024. Focusing on expert and global investment insights, the institution aims…
This Holy Week, Metrobank urges its customers to stay on top of their financial transactions with careful planning and security measures in mind. Here are some tips to ensure all…
Acknowledging the imperative to bolster cybersecurity within the traditional banking sector, the Bankers Association of the Philippines (BAP) mobilized its members to undergo cybersecurity training facilitated by technology company Cisco.…
In 2023, Metropolitan Bank & Trust Co. (Metrobank) saw a 28.9% surge in net income, reaching P42.2 billion, with a return on equity of 12.5%. Total assets rose to P3.1…
The old Metrobank Mobile App is now permanently unavailable as Metrobank transitions to a new app. If you are a current Metrobank Online or old Metrobank Mobile App user, you…
Sending cash gifts or even giving daily allowance for the next school year is now lighter on the pocket as Metrobank waives InstaPay fees for transactions worth P1,000 and below…
Metrobank is encouraging its clients to switch to the new Metrobank app, as the old app will be deactivated soon. To enjoy uninterrupted mobile banking, current users of the old…
Metropolitan Bank & Trust Co. (Metrobank) reported a 35.6% year-on-year increase, reaching P31.8 billion in net income for the nine months ending in September 2023. Metrobank attributes the income growth…
A study conducted by the International Data Corp. (IDC) on behalf of Backbase, a provider of engagement banking platforms, has revealed that 80% of organizations in the Asia Pacific (APAC)…
The Bank of the Philippine Islands (BPI) recently held a series of free BizTalk learning sessions in an effort to educate small and medium enterprises (SMEs) about taxation. In partnership…
The roundtable discussion hosted by Silverlake Axis and the International Data Corp. emphasized the importance for banks to find the right partner to accelerate their digital transformation. Silverlake Axis is…
Metrobank (Metropolitan Bank & Trust Co.) posted a 31.3% growth in net income in the first quarter of 2023. The bank attributed the P10.5 billion growth to higher margins and…
You must be logged in to post a comment.