The Bangko Sentral ng Pilipinas (BSP) has launched new polymer banknotes for the 500-, 100-, and 50-piso denominations this December, following the success of the 1,000-piso polymer note introduced in April 2022.
The Asian Development Bank, HSBC, and Security Bank Capital Investment Corp. have joined forces to lend USD115 million to Asialink Finance Corp. to fuel the growth of small and medium-sized enterprises in the Philippines, with a special focus on women-led businesses.