Banking & Insurance
Treasury bill yields climb as inflation fears persist
Treasury bill yields rose across all tenors at Tuesday’s auction as investors demanded higher returns amid mounting inflation concerns and expectations that the Bangko Sentral ng Pilipinas (BSP) may have to tighten monetary policy further.
National government debt rises to P19.66T in Sept
The national government's outstanding debt rose to P19.66 trillion at the end of September 2026, as additional borrowings and peso depreciation increased the value of domestic and foreign-currency obligations.
Manila to host 54th ASEAN Banking Council meeting, AI governance top regional agenda
Philippine banking leaders will welcome counterparts from across Southeast Asia for the 54th ASEAN Banking Council Meeting scheduled November 12‑14, 2026 in Makati City, with discussions centered on balancing artificial intelligence‑powered banking innovation with security and trust for the regional financial sector.
EastWest posts ₱5‑billion nine‑month net income amid tougher macro backdrop
East West Banking Corporation (EastWest) turned in a ₱5.0‑billion net income for the first nine months of 2026, delivering solid profitability even as broader economic conditions grew more challenging, a performance that signals resilient core operations for investors and market watchers.
PhilPlans reminds Filipinos: Early memorial planning eases grief‑time financial strain
When an unexpected loss strikes, grieving families are often forced to make quick financial and logistical choices amid emotional distress—with only days to lock in funeral arrangements, coordinate with relatives, and gather funds for related costs. Pre‑planning, pre‑need provider PhilPlans says, is key to reducing this heavy burden for consumers, while also helping service providers deliver smoother, more predictable support during difficult periods.
