Banking & Insurance

Strong demand drives down T-bill rates

The average rate on Treasury bills continued to decline at Monday's auction, guided down by strong demand that enabled the Bureau of the Treasury (BTr) to increase its borrowing.

Urgent need for retirement planning in PH

Insular Life (InLife) has released its research, "Retire Without Worries: Your Roadmap to Living Life to the Fullest," calling attention to the urgent need for better retirement planning in the Philippines.

BDO allocates P52.7B to sustainable projects in ASEAN bond report

iBDO Unibank Inc. (BDO) has released its second ASEAN Sustainability Bond (ASB) mpact report, detailing the full allocation of its inaugural P52.7 billion bond raised in January 2022.

GSIS eases loan penalties to boost borrower flexibility

The Government Service Insurance System (GSIS) has introduced a more borrower-friendly approach to calculating penalties on delinquent loan accounts, aiming to ease financial burdens and encourage timely payments.

YFI initiative launched to empower Filipino youth

The interagency Financial Inclusion Steering Committee (FISC) has launched the Youth Financial Inclusion (YFI) Initiative, aiming to foster greater financial literacy and account ownership among the Filipino youth.

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