Banking & Insurance

Fintech app Salmon aims to remove stigma of “utang” with rewarding credit products

The fast-growing fintech company Salmon has launched a new campaign aimed at reshaping how Filipinos view borrowing, shifting the perception of debt from a source of stress to a positive financial tool.

Cebuana Lhuillier scales up as business growth partner

Cebuana Lhuillier is broadening its business beyond microfinance, transforming its nationwide financial network into an integrated platform that helps companies expand, deepen customer engagement and unlock new growth opportunities.

Manulife Philippines names veteran lawyer as general counsel

Manulife Philippines has appointed seasoned legal executive Edgar Tordesillas as its new general counsel, strengthening its leadership team as the insurer sharpens its governance and risk management capabilities.

GSIS expands Balik Ginhawa coverage, clarifies refund guidelines

The Government Service Insurance System (GSIS) has expanded its Balik Ginhawa program to provide greater financial relief for members and pensioners, in line with the directive of President Ferdinand R. Marcos Jr. to deliver more responsive government services.

BSP eyes digital currency to speed up bank transactions and lower costs

The Bangko Sentral ng Pilipinas (BSP) has completed a major assessment of its digital currency pilot, identifying large-value cross-border payments and financial securities settlements as the most promising uses for a wholesale central bank digital currency (wCBDC).

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