Ayala-led Bank of the Philippine Islands (BPI) has raised a record P42 billion as it returned to the domestic debt market via the issuance of peso fixed-rate bonds early this month.

Philippine banks could see another year of slow loan growth and uptick in nonperforming loans as coronavirus disease 2019 risk looms over economic growth and financial markets, S&P Global Ratings said.

All operators of bills payment service that obtain the service of banks and other financial institutions as agents are also required to obtain a license from the Bangko Sentral ng Pilipinas

Security Bank Foundation Inc. won a Gold Anvil Award for a Public Relations Program on a Sustained Basis for its flagship corporate social responsibility program “Build a School, Build a Nation: The Classrooms Project.”

China Banking Corp. won a Gold Anvil for its 2018 Annual Financial and Sustainability Report at the 55th Anvil Awards of the Public Relations Society of the Philippines