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Bank of the Philippine Islands (BPI) Logo

BPI nets P17.38 B in first 9 months

By Lee C. Chipongian The Ayala-controlled Bank of the Philippine Islands (BPI) reported a net income of P17.38 billion in the first nine months, up…

Philippine Business Bank logo(courtesy of

PBB net earnings jump 42% to P1.8 B

By James A. Loyola Philippine Business Bank (PBB) reported a 42 percent jump in net income for the first nine months of 2016 to P670.0…

Bangko Sentral ng Pilipinas (BSP) logo

Tetangco says Fed move expected

By Lee C. Chipongian Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco Jr. yesterday reiterated that the latest US Federal Reserve move – or…

MB FILE - Philippine bank notes / Photo courtesy of the Bangko Sentral ng Pilipinas (Manila Bulletin)

P/$ rate closes at P48.34/$1

The peso closed  higher  at P48.34 to the US dollar yesterday at the Philippine Dealing & Exchange Corp. (PDEx) from  P48.37 the previous day. The…