Banking & Insurance
IFC extends P12.87B sustainability-linked loan to Ayala Land for green building projects
The International Finance Corp. (IFC) has provided a P12.87 billion (US$225 million) sustainability-linked loan (SSL) to Ayala Land, Inc. (ALI) to support the development of green, resilient buildings in the Philippines.
New BDO-CFO pact boosts financial literacy for migrants
BDO Unibank (BDO) and the Commission on Filipinos Overseas (CFO) have formalized their partnership to provide permanent migrant Filipinos with easier access to information, services, and guidance through financial literacy programs.
BSP, NBC reaffirm cooperation on financial innovation at bilateral meeting
The Bangko Sentral ng Pilipinas (BSP) and the National Bank of Cambodia (NBC) concluded a high-level bilateral meeting today, reaffirming their commitment to closer cooperation in central banking and financial innovation.
BSP adopts new format for policy decision announcements
The Bangko Sentral ng Pilipinas (BSP) will implement a new format for announcing monetary policy decisions starting Thursday, 28 August 2025, aligning with international best practices in more advanced jurisdictions.
Insurer retains strong credit ratings
Malayan Insurance Co., Inc. again secured its position as one of the country's most stable insurers, with AM Best reaffirming its Financial Strength Rating (FSR) of B++ (Good) and a National Scale Rating (NSR) of aa+.PH (Superior) for the 21st consecutive year.
