SB Finance is expanding its healthcare financing business with new lending products for doctors and a wider patient financing network, signaling a growing opportunity for consumer lenders as healthcare costs continue to rise.
The Philippine government has endorsed an Asian Development Bank (ADB)-supported roadmap to overhaul how public funds are planned, spent, and monitored, marking a major step toward improving service delivery and strengthening accountability across government.
Rizal Commercial Banking Corp. (RCBC), the country’s 6th largest lender by assets, is deepening its financial inclusion push through a partnership with Tambunting Pawnshop, bringing digital banking services to more underserved communities through over 100 branches nationwide.
Digital banking and e-wallet users now enjoy stronger protection against fraud and unauthorized access, as Bangko Sentral ng Pilipinas (BSP)-supervised financial institutions begin rolling out advanced authentication systems ahead of a key deadline.
The Government Service Insurance System (GSIS) has set aside an initial ₱69.1 million in loss reserves to support recovery efforts following the magnitude 7.8 earthquake that struck parts of Mindanao.