Latest News for: asan

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PNB Securities, Manulife expand UITF offerings

The Philippine Star 16 Jun 2026
PNB Securities Inc. has partnered with Manulife Investment Management and Trust Corp. to expand its unit investment trust fund offerings, as demand for professionally managed investment products continues to grow among Filipino investors ....
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Remittance growth hits slowest pace in 4 years

The Philippine Star 15 Jun 2026
Cash remittances from overseas Filipinos continued to rise in April, although growth slowed to its weakest pace in nearly four years amid tighter budgets and lingering global uncertainty ....
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UnionBank leads Visa credit payment in Philippines

The Philippine Star 15 Jun 2026
Union Bank of the Philippines emerged as the top issuer in Visa credit payment volume in the country last year, underscoring the growing use of credit cards for daily purchases, online transactions and planned spending ....
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BSP to widen access to CRIMS credit registry

The Philippine Star 14 Jun 2026
The Bangko Sentral ng Pilipinas (BSP) is moving to widen access to its credit registry, a step seen to improve lenders’ credit risk assessment, strengthen financial stability and help more borrowers enter the formal credit system ....
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New card solution helps SMEs go cashless

The Philippine Star 13 Jun 2026
Small and medium enterprises in the Philippines can now access business payment cards without opening a bank account, as Mastercard, PayMongo and Paymentology launched a virtual prepaid card aimed at helping businesses make digital payments ....
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Auntie Anne’s taps BPI wage access solution

The Philippine Star 13 Jun 2026
Bank of the Philippine Islands is expanding its workplace financial wellness offerings as Pretiolas Philippines Inc., the operator of Auntie Anne’s in the country, adopted the bank’s Salary On-Demand service for more than 500 employees.
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Security Bank bares leadership transition in wholesale banking

The Philippine Star 13 Jun 2026
Security Bank Corp. president and CEO Victor Lee will temporarily oversee the bank’s wholesale banking business following the resignation of John Cary Ong as head of the segment ....
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Foreign debt eases to $147.35 billion in Q1

The Philippine Star 12 Jun 2026
The country’s external debt declined slightly in the first quarter as foreign investors trimmed their holdings of Philippine debt securities amid cautious market sentiment and tighter financing conditions, the Bangko Sentral ng Pilipinas said.
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EastWest Bank taps former McKinsey exec

The Philippine Star 12 Jun 2026
East West Banking Corp. has appointed Kristine Romano as independent director, strengthening the bank’s board oversight as it continues to emphasize corporate governance and sustainable growth ....
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PNB bankrolls P3 billion for Isabela solar project

The Philippine Star 11 Jun 2026
Philippine National Bank is extending a P3-billion project finance facility to Linglingay Power Corp. to support the development of a solar power plant in Isabela, marking the lender’s latest push into renewable energy financing ....
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Banks’ real estate loan exposure eases to 19%

The Philippine Star 11 Jun 2026
Banks’ exposure to real estate declined in the first quarter as lenders kept a more measured approach to credit allocation in the sector amid tighter financial conditions, according to the Bangko Sentral ng Pilipinas ....
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Fitch sees lower loan growth, profitability for Philippine banks

The Philippine Star 11 Jun 2026
Philippine banks may face weaker loan growth, higher credit costs and lower profitability this year as elevated inflation weighs on the country’s consumption-led economy, according to Fitch Ratings ....
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