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BBS focuses on recovery after tough 2025

Optimistic: Tafa PIC PHATSIMO KAPENG
Optimistic: Tafa PIC PHATSIMO KAPENG

The country’s youngest bank, BBS Bank, is focussing on stabilising its financials and muscling further into the market, after sectoral liquidity challenges in 2025 ballooned its interest expense and ate into earnings, leading to pretax losses of P134 million.

BBS, the country’s only indigenous bank, has swung between periods of losses and profits in the three years since it kicked off commercial banking operations, a period executives describe as formative, transformational and associated with set-up costs.

From pretax profits of P44.9 million in 2024, BBS sank to losses of P133.7 million in the year ended December 2025, weighed down by broader market liquidity pressures that saw interest rates spiral in the country, amidst a scramble amongst banks for deposits.

Editor's Comment
BDF visitation approval a welcome development

BDF camps are military camps, and there is a need for stricter rules and regulations to safeguard their operations as well as ensure the safety of civilians. Of course, military personnel are human, and they have relatives as well as girlfriends and boyfriends, but the fact remains that the BDF is responsible for ensuring national security and stability and, as such, will be one of the first targets in the event of possible attacks. The decision...

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