Banking & Insurance

Lender urges Filipinos to diversify as markets enter ‘new phase’ in 2026

With inflation easing and interest rates expected to stabilize, Security Bank Wealth is urging Filipino investors to rethink their strategies, warning that 2026 will demand greater discipline, wider diversification, and sharper decision-making.

Pre-need industry marks 25 years; urges Filipinos to plan ahead

The Philippine Federation of Memorial, Pension, and Education Plan Companies, Inc. (PFPMEP) stressed the growing role of the pre-need industry in protecting Filipino families as it successfully concluded the 25th Pre-Need Consciousness Week earlier this month.

Dominic Edgard Cabangon steps down as Citystate Savings chairman: new director named

Dominic Edgard A. Cabangon has resigned as chairman and director of Citystate Savings Bank, effective February 25, citing personal reasons.

Igloo goes AI-native, eyes Philippine market

Regional insurtech Igloo is doubling down on artificial intelligence in 2026, accelerating its transformation into an AI-native company as it targets rapid expansion in the Philippines.

Chinabank posts record profit in 2025, boosts balance sheet

China Banking Corp., the country’s fifth largest lender by assets and part of the Sy Group, delivered a banner performance in 2025 with record net income of P28 billion, up 13 percent from a year earlier, as core lending and fee businesses powered broad-based growth.

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