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BPI earnings improve in Q2

That said, their bottom line soared 23% to P25.1 billion in the first half of 2023.
Banking

BPI waives fee for small online transfers

The Bank of the Philippine Islands waived online transfer fees on small transactions for a limited time.
Banking

BSP launches overnight reference rate as world drops LIBOR

The LIBOR lost its luster in recent years, since figuring in a scandal in 2012. Back then, some banks manipulated the LIBOR to amass larger profits. This incident smeared the integrity of the benchmark interest rate.
Banking

Using IPO proceeds, Bank of Commerce expands ATM network

Bank of Commerce (BNCOM) said they would roll out new automated teller machines across its network.
Banking

UnionBank names former Citibank exec as new COO

Union Bank of the Philippines has appointed a former official of Citibank Philippines as its new chief operations officer.
Banking

All major US banks pass Fed's annual stress test

BSP begins unwinding pandemic relief measures for MSMEs

UBS to cut 35,000 jobs after Credit Suisse rescue — report

HSBC says to shift HQ to London finance district

Security Bank puts up peso bond sale

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