Banking & Insurance
Bill paves way for alternarive data use and new consumer body to boost financial inclusion
Lawmakers have filed a measure seeking to create the country’s first formal system for consumer-controlled financial data sharing, alongside a new independent commission, to help millions of Filipinos prove their credit standing and gain easier access to financial services.
Insurer UITFs allow global options for Filipino investors
Rampver Financials, one of the country’s top investment fund distributors, has signed a distribution deal with Manulife Investment Management and Trust Corporation, the local asset management arm of global financial leader Manulife. The agreement allows Rampver clients access to a full range of Manulife unit investment trust funds through the Rampver Online digital investing platform, with minimum investments starting at just ₱1,000.
BSP marks anniversary with new digital payment services for easier, inclusive transactions
The Bangko Sentral ng Pilipinas (BSP) and Philippine Payments Management, Inc. (PPMI) launched three new digital payment initiatives on Wednesday as part of activities marking the BSP’s 33rd anniversary.
Filipinos favor health cover, global investments amid uncertainty
Filipinos are not pulling back from insurance and investing. They are becoming more selective.
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.
