Banking & Insurance
Central bank sets ₱1.0-billion capital standard for small banks going digital
The Bangko Sentral ng Pilipinas (BSP) has rolled out new operational guidelines requiring thrift, rural, and cooperative banks to secure at least ₱1.0 billion in capital if they adopt digital-heavy business models. Issued under Circular No. 1240 on September 21, 2026, the policy ensures that smaller institutions venturing into the digital space operate safely while protecting everyday depositors from financial risks.
InLife advisers highlight financial independence, career opportunities
Insular Life (InLife) is encouraging more Filipinos to consider careers in financial advisory, citing opportunities for financial independence, flexible work arrangements and personal fulfillment through helping clients achieve greater financial security.
GSIS marks Pensioners’ Week, solar loan out Sept. 30
The GSIS is expanding benefits for retired public workers this National Pensioners’ Week, with the new Ginhawa Solar Energy Loan (GSEL) launching September 30.
ICTSI secures 10-year loan from BDO for global expansion
International Container Terminal Services Inc., or ICTSI, announced Tuesday it has secured a $1 billion, 10-year term loan from BDO Unibank Inc., with the company serving as sole borrower.
Data-driven lending seen widening credit access for small entrepreneurs
Broader use of alternative data, coupled with risk-based regulation and stronger consumer safeguards, could help widen formal credit access for Filipino microentrepreneurs, according to digital lender Tala.
