Banking & Insurance
Lower BSP rates cool treasury bill yields
Average yields on Philippine treasury bills fell at Monday’s auction, reflecting the Bangko Sentral ng Pilipinas’ recent quarter-point cut to its benchmark interest rate. The move signals easing borrowing costs for both the government and private sector amid a supportive macroeconomic backdrop.
Treasurer Almanza pushes ASEAN treasury innovation
The Philippines kicked off its chairmanship of the Association of Southeast Asian Nations in 2026 with a bold move.
Over 200 USM students open first bank accounts under central bank’s youth inclusion drive
More than 200 students opened their first transaction accounts during a Youth Financial Inclusion (YFI) Initiative onboarding activity at the University of Southern Mindanao (USM) on Jan. 30, 2026.
PNB posts strong 2025 growth, digital gains soar
Philippine National Bank recorded a consolidated net income of P25.3 billion in 2025, marking a 20 percent increase from the prior year and boosting return on equity to 11.1 percent, up 70 basis points. The performance reflects strong core business results, disciplined cost management, and operational efficiency across its lending, deposit, and fee-generating activities.
Gov’t moves to clear P3B obligation to LRMC, signals stronger PPP commitment
The Light Rail Transit Authority (LRTA) is seeking a P3-billion loan from Land Bank of the Philippines to settle its remaining financial obligations to Light Rail Manila Corp. (LRMC), the private operator of LRT Line 1.
