Banking & Insurance
Philippine financial system stable in 2025, but risks require close watch— FSCC report
The Philippine financial system stayed resilient throughout 2025, with banks holding enough capital to absorb losses and strong capacity to support lending, according to the latest Financial Stability Report from the Financial Stability Coordination Council (FSCC).
Cebuana Lhuillier strengthens global currency hub role
Cebuana Lhuillier is expanding its footprint in the foreign exchange market, reinforcing its position as one of the country's most accessible providers of global currency services amid growing demand from overseas workers, travelers, students, and businesses engaged in cross-border transactions.
Bank lending, liquidity rise in April: steady credit flow supports businesses and households
Bank lending by universal and commercial banks climbed 11.4 percent in April 2026, picking up from the 10.7 percent growth seen in March.
GoTyme Bank launches money transfer service covering over 170 countries
Digital lender GoTyme Bank has introduced a new feature enabling customers to send money to more than 170 countries directly through its mobile app.
BSP brings money management tools to Zamboanga farming communities
The Bangko Sentral ng Pilipinas (BSP) has brought its economic and financial learning program (EFLP) to Zamboanga City, targeting farmers, fisherfolk, agri-entrepreneurs, cooperative members, rural households, and local agriculture workers.
