Banking & Insurance
GSIS pushes stronger industry coordination at BAP Advisory Council
The president and general manager of the Government Service Insurance System Jose Arnulfo “Wick” Veloso and the former president of the Bankers Association of the Philippines, joined top banking leaders at the BAP Annual Advisory Council meeting, underscoring the urgency of tighter coordination across the financial sector.
Payments industry enters reliability-first era
Digital payments in the Philippines are poised to enter a new phase of maturity in 2026, with reliability, interoperability, and governance taking precedence over rapid user growth, according to regional fintech player Fiuu.
GSIS posts P344B in 2025 income as assets near P2 trillion
The Government Service Insurance System (GSIS) reported strong financial results in 2025, with total assets reaching P1.96 trillion, up 8.2 percent from 2024, putting the fund close to the P2 trillion mark.
RCBC earnings climb in 2025 on consumer push
Rizal Commercial Banking Corp., the country’s sixth largest lender by assets and a flagship of the Yuchengco Group, grew full-year 2025 net income by 11 percent to P10.6 billion, riding a strong wave of consumer lending and fee expansion.
Lower BSP rates cool treasury bill yields
Average yields on Philippine treasury bills fell at Monday’s auction, reflecting the Bangko Sentral ng Pilipinas’ recent quarter-point cut to its benchmark interest rate. The move signals easing borrowing costs for both the government and private sector amid a supportive macroeconomic backdrop.
