Philippine Banks Forecast Stable Credit Conditions in Q4
Cebu-based financial institutions project steady credit conditions in Q4 2024, with manageable NPL ratios and sustained business confidence despite global economic challenges.
Category : Banking Finance
SEC Proposes Interest Rate Cap on Small Loans Up to ₱20K
The Securities and Exchange Commission proposes new lending regulations to protect Filipino borrowers from excessive interest rates on small loans, potentially saving thousands from debt traps.
EastWest Bank Profit Up 14% on Consumer Loans
EastWest Bank reports impressive 14% profit growth driven by strong consumer lending performance in Cebu and nationwide expansion.
UnionBank & BRANDcon Empower Filipino SMEs Digitally
UnionBank of the Philippines partners with BRANDcon to launch groundbreaking digital transformation program for SMEs, offering access to capital, mentorship, and e-commerce tools.
BSP Joins 2025 IMF-World Bank Global Meetings
The Bangko Sentral ng Pilipinas announces its participation in the landmark 2025 IMF-World Bank Annual Meetings in Singapore, marking a significant moment for Philippine economic diplomacy.
UnionBank Posts ₱32B Q3 Profit on Digital Growth
Union Bank of the Philippines reports impressive ₱32 billion net income for Q3 2024, driven by strong digital transformation and core business performance.
RCBC 9-Month Profit Surges 32% on Strong Lending
Rizal Commercial Banking Corporation reports impressive 32% profit growth in first 9 months, fueled by strong lending performance and increased fee-based income.
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