Banking & Insurance

BanKo (BPI subsidiary) launched InstaCashKo Line: a digital credit line (₱1k–₱10k) via BanKo App for salaried workers and micro-entrepreneurs. Designed for personal, emergency, or business working capital needs—easy application (1 ID), fast access, flexible repayment. Officially launched July 25 in Cubao with brand ambassador Kathryn Bernardo; limited-edition co-branded ATM card also released. Reinforces BanKo’s role in expanding inclusive access and customer resilience.

The Bangko Sentral ng Pilipinas (BSP) announced that several individuals linked to closed banks, money changing outlets, and pawnshop businesses have been convicted by various courts across the country, following BSP-led investigations and referrals for prosecution. These judgments, which include substantial fines and prison terms, underscore the regulator’s firm stance on upholding banking and financial laws, and carry significant implications for industry stakeholders and the general public.

MaxiLife has rebranded as Maxicare Insurance as the Maxicare Group moves to integrate healthcare services with life and financial protection, expanding beyond its traditional health maintenance organization (HMO) business.

GCash is expanding access to health insurance by making protection and healthcare plans available directly through its app, targeting Filipinos who may not have...

Philippine life insurers posted double-digit growth in premiums and benefits in the first half of 2026, strengthening the industry’s push to widen access to...