Banking & Insurance
Shari’ah-compliant bonds touted as tool for inclusion
The Bangko Sentral ng Pilipinas (BSP), through the Islamic Finance Coordination Forum (IFCF), hosted the “Stakeholders’ Forum on Domestic Sukuk Issuance” to expand access to financing for Muslim-owned enterprises by promoting Sukuk, or Islamic bonds.
BSP honors institutional partners in 2025 OBSAC
The Bangko Sentral ng Pilipinas (BSP) recognized 18 institutional partners of its head office during the 2025 Outstanding BSP Stakeholders Appreciation Ceremony (OBSAC) held on 18 July.
BSP, BDO Foundation launch new financial literacy modules
The Bangko Sentral ng Pilipinas (BSP) and BDO Foundation have launched a new series of six e-learning modules aimed at enhancing financial literacy among Filipinos.
PCIC pilots AI-backed insurance to speed up typhoon relief
The Philippine Crop Insurance Corp. (PCIC) is set to pilot a technology-driven insurance program aimed at expediting claims processing for rice farmers impacted by typhoons, starting with the 2025 wet cropping season.
BPI posts P33B net profit in 1H on strong lending
Bank of the Philippine Islands (BPI) reported a net income of P33 billion for the first half of 2025, up 7.8 percent from P30.6 billion a year ago, as strong lending activity and higher margins lifted revenues despite rising costs and provisions.
