Sunday, 09 November 2025, 12:40 pm

    Banking & Insurance

    PH as net debtor vs net investor status widens in 1Q 2025

    The country's net external liabilities increased by 5.4 percent in the first quarter of 2025, reaching ₱3.7 trillion from ₱3.5 trillion in the previous quarter, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP) under the balance sheet approach (BSA).

    REIT push targets OFWs in Europe

    A private sector initiative led by the Systembrand Group is driving efforts to increase overseas Filipino workers’ (OFWs) participation in the Philippine capital market, with a focus on real estate investment trusts (REITs). 

    Victor Lee to succeed Sanjiv Vohra as Security Bank CEO

    Security Bank has named Victor Lee Meng Teck as its incoming president and chief executive officer (CEO), effective in early January 2026. Lee, a seasoned Singaporean banker with over 30 years of experience, will succeed Sanjiv Vohra, who has led the bank through significant transformation during his tenure.

    Young Filipinos focus on health-span over lifespan – survey

    A recent study by The Manufacturers Life Insurance Co. (Phils.) Inc. highlights that millennials and Gen Z in the Philippines are increasingly prioritizing health, purpose, and financial independence.

    BPI to apply P15 InstaPay fee starting next month

    The Bank of the Philippine Islands (BPI) is adopting InstaPay for all inter-institution cash-in transactions starting October 1, 2025, in line with a directive from the Bangko Sentral ng Pilipinas (BSP) aimed at improving digital financial services' interoperability and transparency.

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