Philippines

Philippines' Union Bank to buy savings bank

About P5.7 billion shares in City Savings Bank has been transferred to Union Bank of the Philippines.

Philippines' China Bank caps 2012 with expansion

China Bank opened five branches in December, closing 2012 with a nationwide network of 325 branches.

Cezar Consing is new BPI President

Career investment banker will take over on April 18, 2013.

Philippine banking industry worth US$192 billion

Total banking resources rise 6.9% in third quarter.

Philippine banking resources up 6.85%

Increase in resources by 6.85 percent.

Major Philippine banks prepare to offer ETFs

Top three banks prepare for their offerings.

Philippine banks remain robust

NPL ratio improves to 2.05% in first three quarters.

Philippine banks told not to be complacent

Remain cautious and not be complacent.

Moody’s smiles on BPI-PNB merger

Merged bank will become Philippines’ largest with assets of US$29 billion.