Metrobank Q1 profit hits ₱12.6B as loans, fees increase
Metropolitan Bank & Trust Co. (Metrobank) reported a net income of ₱12.6 billion in the first quarter of 2026, supported by steady loan growth, higher margins, and stronger fee-based income.…
Metrobank raises record ₱35B for green and social projects
Metrobank just set a new record for itself, raising ₱35 billion through its latest bond sale. This is the bank’s largest ever peso-denominated bond issuance, and it’s specifically earmarked to…
Security Bank reports 26% increase in core profit for 2025
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 expands tech upgrades with AI and real-time data
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 places investor relations under CFO
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 adjusts branch schedules with longer hours during holidays
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, AWS partnership reshape banking and drive financial inclusion
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…
Metrobank sees rate cuts and growing long-term yields in 2026
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 adopts Boomi platform to simplify payments
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…
Metrobank reports ₱37.3 billion income in first nine months of 2025
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 names Singaporean banker Victor Lee as next CEO
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 launches ₱5B fixed-rate peso bond offer
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 starts holiday season with ‘Happy Holideals’ promo
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, Chinabank renew bancassurance partnership
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 earns recognition for top-performing UITFs
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…
BSP to issue licenses for four additional digital banks
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…
Metrobank achieves P23.6 billion net income in first half of 2024
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…
Fico’s study highlights frustrations with digital banking processes in PH
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.…
Metrobank reports 14.5% increase in Q1 net earnings
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.…
UnionBank expects growth following completion of Citi deal
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 introduces wealth management offerings
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…
Keep your financial transactions secure this Holy Week with Metrobank
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…
BAP partners with Cisco to strengthen cybersecurity in banking sector
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.…
Metrobank achieves 29% increase in net income in 2023
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…
How to switch to the new Metrobank app
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…
Metrobank waives InstaPay fees until June 2024
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 advises clients to use new app
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…
Metrobank’s 9-month profit up by 36%
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…
Backbase: Banks fail to achieve return on equity with in-house digital infra
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)…
BPI holds BizTalk on taxation sessions for small businesses
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…
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