FNBB engages gov't on economic constraints

FNBB is comfortably the country’s biggest bank by all metrics, boasting a customer base of more than 700,000 and a loan book of P20.6 billion as at June 2025. For the year to June, FNBB’s pretax profits rose six percent to P1.9 billion, defying the toughening conditions in the domestic economy as well as the continuing liquidity crunch in the financial market.

The bank’s CEO, Steven Bogatsu, told BusinessWeek that the current difficulties in the economy required all hands on deck, and the bank had made representations to the government on possible solutions.