Banking & Insurance
Scam Watch clarifies BSP rules on reimbursement claims
Scam victims may be entitled to reimbursement if banks or other financial institutions fail to meet their obligations under the Anti-Financial Account Scamming Act (AFASA), according to Scam Watch Pilipinas, which urged the financial sector to strengthen its readiness as the law takes effect.
BSP names new assistant governor for financial markets
The Bangko Sentral ng Pilipinas has named Dino R. Gasmen as the new Assistant Governor for the Financial Markets sector, with his formal appointment set to take effect on January 18, 2027.
BSP tells banks to boost cybersecurity vs AI-driven cyber threats
The Bangko Sentral ng Pilipinas (BSP) is calling on all banks and other institutions under its watch to step up their cybersecurity protections, as rapid developments in artificial intelligence give cybercriminals more powerful ways to carry out attacks.
PNB posts 17% jump in first-half net income to P14.6 billion
The Philippine National Bank on Friday announced a strong financial performance for the first half of 2026, delivering a net income of P14.6 billion, which marks a 17 percent increase compared to the P12.5 billion recorded during the same period last year.
BPI Wealth pushes easier retirement planning on its 175th year
As the Bank of the Philippine Islands turns 175, its wealth management arm BPI Wealth is making retirement planning more accessible, calling for shared effort across all sectors to improve Filipinos’ readiness for their later years.
