Banking & Insurance

GSIS eyes zero-interest HMO financing for gov’t workers, launches G-HEALTH program 

The Government Service Insurance System (GSIS) has formally launched its G-HEALTH initiative, signing its first agreement with Maxicare Healthcare Corporation to support President Ferdinand R. Marcos Jr.’s goal of improving healthcare benefits for state employees.

BSP warns public vs unlicensed entity operating as “The Bank of Humanity”

The Bangko Sentral ng Pilipinas (BSP) has issued an advisory cautioning the public to be careful when transacting with Bangko Maharlika Ltd., which currently uses the business name “The Bank of Humanity.”

BSP clarifies digital transfer fee rules as financial institutions comply with new guidelines 

Most banks, e-wallet providers, and electronic money issuers (EMIs) have successfully aligned their operations with the Bangko Sentral ng Pilipinas (BSP) Circular No. 1238.

China Bank Savings upgrades Bulacan hub for educators

China Bank Savings (CBS) has reopened its upgraded Automatic Payroll Deduction (APD) Lending Center in Malolos, Bulacan, as the thrift bank strengthens its footprint outside Metro Manila and deepens its focus on serving the country's education sector.

BSP issues reminder on prompt submission of foreign borrowings plan 

The Bangko Sentral ng Pilipinas (BSP) is calling on Philippine-based entities to submit their foreign borrowings plan for the fourth quarter of 2026 and the full year 2027 on or before September 30.

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