Banking & Insurance
SSS taps BDO to manage balanced fund mandate
BBDO Unibank, Inc. has been appointed as the trustee for the Social Security System’s (SSS) Balanced Fund mandate, marking a significant step in the agency’s efforts to safeguard and grow pension funds for Filipino workers and retirees.
FDI remains a vital capital source despite slower inflows
Foreign direct investments (FDI) continue to provide critical supplementary capital that the Philippines cannot generate domestically, despite a slowdown in inflows, according to the Bangko Sentral ng Pilipinas (BSP).
LGU treasurers urged to lead fiscal reforms
Finance Secretary Ralph G. Recto has directed newly appointed local government treasurers to serve as the country’s “first line of defense” in upholding fiscal governance at the local level.
BSP backs student bank onboarding in Southern Leyte
In a major step toward advancing financial inclusion and literacy among Filipino youth, over 500 students from Southern Leyte State University (SLSU) opened their first bank accounts under the Bangko Sentral ng Pilipinas (BSP)-led Youth Financial Inclusion (YFI) Initiative.
PRU Life UK claims top PH insurer slot in first-half
Pru Life UK emerged as industry leader in the Philippine insurance sector for the first half of 2025, securing the top position in new business premiums, according to the latest report from the Insurance Commission.
