PH banks post record Q3 profit

MANILA, Philippines — Philippine banks posted their highest third-quarter profit on record in 2026, as elevated rates boosted their margins despite economic headwinds at home and abroad. Banks booked a combined net profit of P315.5 billion as of end-September, up 4.3 percent from a year earlier, according to preliminary Bangko Sentral ng Pilipinas (BSP) data. It