Banking & Insurance
AIIB eyes $200M for Metro Manila Sponge City
The Asian Infrastructure Investment Bank (AIIB) has committed about USD200 million in potential financing for a Metro Manila “Sponge City” project designed to strengthen the capital region’s defenses against increasingly severe flooding.
SSS pays P205.56B in benefits through July
The Social Security System (SSS) paid P205.56 billion in benefits to members, pensioners, and beneficiaries in the first seven months of 2026, as contribution collections continued to provide the bulk of funding for payouts.
BSP offers free 3-year cloud banking system for rural banks to speed up digital shift
The Bangko Sentral ng Pilipinas (BSP) is rolling out technical assistance to help rural banks quicken their digital transformation, offering qualified institutions a free...
Treasury bill yields climb after BSP rate hike
Treasury bill yields rose across all tenors at Monday’s auction as investors priced in the Bangko Sentral ng Pilipinas’ recent rate hike and the possibility of further monetary tightening.
SSS assets reach P1.36T, boosting benefit capacity
The Social Security System’s (SSS) assets climbed to P1.36 trillion as of July 2026, strengthening the pension fund’s financial position and its capacity to sustain benefits for workers and retirees.
