Banking & Insurance

BSP wins global award for managing foreign currency reserves

The Bangko Sentral ng Pilipinas (BSP) has received the 2026 “Reserve Manager” award from Central Banking, recognizing the Philippine central bank’s improvements in handling the country’s foreign currency reserves.

Philippines external debt dips, metrics improve

The Bangko Sentral ng Pilipinas reported that the Philippines’ outstanding external debt edged lower in the fourth quarter of 2025, offering a modest improvement in debt manageability as global investors trimmed their exposure to Philippine securities.

IFC backs OnePuhunan to expand loans for rural women-led businesses

The International Finance Corporation (IFC) and CreditAccess Philippines Financing Company Inc. (OnePuhunan) have formed a partnership aimed at expanding access to finance for micro and small businesses in rural areas of the Philippines, with a focus on women-led enterprises.

Prime Infra secures P273.47B financing for major energy storage projects

Prime Infrastructure Capital Inc. (Prime Infra) has secured P273.47 billion in financing for the development of 2,000 megawatts (MW) of pumped storage hydropower projects, strengthening its role in large-scale energy infrastructure.

SBCorp targets P12B loans, eyes P15B upside

The government’s lending arm for small businesses is aiming higher this year as demand for credit among entrepreneurs continues to grow.

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