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UnionBank profit down 28 percent to P9.2 billion in 2023

The earnings of Union Bank of the Philippines dropped by 27.8 percent to P9.2 billion in 2023 from P12.74 billion in 2022, as the listed bank booked higher provisioning and integration costs from the takeover of the retail banking business of global banking giant Citi in the Philippines......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Get discount on Jonas Brother’s concert tickets with Unionbank

Get discount on Jonas Brother’s concert tickets with Unionbank.....»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

UnionBank clinches Agora “Marketing Company of the Year” Award  

UnionBank clinches Agora “Marketing Company of the Year” Award  .....»»

Category: newsSource:  sunstarRelated NewsJan 22nd, 2024

S& P: Philippines may miss growth goal this year

S&P Global Ratings sees the Philippines again missing its growth targets this year as it kept its gross domestic product growth forecast at 5.9 percent. While the projection is better compared to other economies in the region, it is again below the government’s 6.5 to 7.5 percent growth target......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

UBS sees 2-digit credit growth for Philippines banks

Banks operating in the Philippines are expected to post a double-digit credit growth this year on the back of robust economic expansion, according to banking giant UBS......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

NCR retail price growth steady in December – PSA

Retail prices of goods in Metro Ma- nila snapped a three-month downtrend as it maintained its pace of growth in December from the previous month, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

From free InstaPay transfers to personalized banking: New Metrobank App is making online banking easier

The Metrobank App brings convenient banking at your fingertips by making transactions simple with just a few taps, ensuring that your money is safe with enhanced security, and anticipating your needs with smart features......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

From free InstaPay transfers to personalized banking: New Metrobank App is making online banking easier

The Metrobank App brings convenient banking at your fingertips by making transactions simple with just a few taps, ensuring that your money is safe with enhanced security, and anticipating your needs with smart features......»»

Category: financeSource:  philstarRelated NewsJan 11th, 2024

Pork SRP sought amid high retail prices

A suggested retail price on pork should be imposed amid high retail prices resulting from tight local supply caused by the African swine fever outbreak in the country, according to the Pork Producers Federation of the Philippines......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

Double-digit growth in bank lending seen this year

The Philippine banking sector is expected to book double-digit growth in loan disbursements this year on the back of robust economic growth, according to BMI Country Risk & Industry Research......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

Metro Retail opens new distribution center in Luzon

Metro Retail Stores Group Inc. fortified its growth initiative in Luzon with the inauguration of its new distribution center in Santa Rosa, Laguna......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

NCR retail prices rise at slowest pace in nearly 2 years

Retail prices of goods in Metro Manila in January posted its lowest growth rate in nearly two years due mainly to slower food price hikes, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

CitySavings Named One of the 2024 Philippines’ Growth Champions

City Savings Bank (CitySavings) continues to cement its position to become the leading mass market bank in the country with its inclusion as one of the 2024 Philippines’ Growth Champions.  The Philippine Daily Inquirer released the report with international market research firm Statista. This year’s Philippines’ Growth Champions are companies with remarkable growth and resilience […].....»»

Category: newsSource:  metrocebuRelated NewsMar 8th, 2024

NEDA chief sees 2015 growth at 6% despite typhoons

By Leslie D. Venzon MANILA, Dec. 17 (PNA) — The government is optimistic about achieving its target economic growth of 6.9 percent in the fourth quarter despite the devastation wrought by typhoons,........»»

Category: newsSource:  philippinestodaRelated NewsApr 13th, 2024

Recto sees ‘realistic’ 6-6.5 percent growth for Philippines

Finance Secretary Ralph Recto is looking at a “more realistic” economic growth of at least six to 6.5 percent for this year, with medium-term economic expansion likely to be tempered as well......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Filinvest sees sustained growth this year

Filinvest Development Corp. (FDC) plans to bolster its presence in the infrastructure space this year as the group gears up for sustained growth......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

BPI sees stronger credit growth

Bank of the Philippine Islands expects a robust growth in credit this year amid the country’s economic expansion and the planned interest rate cuts by the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

Moody’s Analytics sees below 5 percent GDP in Q4

Philippine economic growth likely slowed to below five percent in the final quarter of 2023 on the back of softer global economic growth, according to Moody’s Analytics......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Monde Nissin sees sales, earnings growth in 2023

Monde Nissin Corp., the listed snack foods giant, expects core net income to have grown by mid-teens for 2023 with sales expected to have hit a high single-digit year-on-year growth......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Security Bank sees 5.8 percent economic growth in Q4

Security Bank Corp. believes the Philippine economy grew by 5.8 percent in the fourth quarter last year, bringing the full-year gross domestic product growth to 5.6 percent in 2023......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024