Banking & Insurance
BSP urges stakeholders to help build 24/7 payment system
The Bangko Sentral ng Pilipinas (BSP) has called on banks and payment system operators to help develop a 24/7 real-time payment system for the country.
BankCom Jan-Sep profits up 24% on strong loans, forex gains
Bank of Commerce (BankCom), the lending arm of diversified conglomerate San Miguel Corp., delivered a solid P2.75-billion unaudited net income in the first nine months of 2025, a 24 percent jump from a year ago, powered by robust loan growth, higher net interest margins, and hefty foreign exchange gains.
FDI Inflows ease 40% in August
Net foreign direct investments (FDI) into the Philippines stayed positive in August 2025, although inflows declined by 40.5 percent to US$494 million from US$830 million a year earlier, the Bangko Sentral ng Pilipinas (BSP) said on Monday.
Insurer urges Gen Z to ditch “bahala na” mind set
Insular Life (InLife), the country’s first and largest life insurer, is challenging the long-held Filipino mindset of “bahala na” with its new campaign, “Bahala Not.”
New partnership seen boosting SME financing across Ph
Discovery Capital Finance Corp. (DCFC) and fintech company KreditHero, Inc. have announced a nationwide partnership to expand access to financing for small and medium enterprises (SMEs) across the Philippines. The collaboration combines Discovery Capital’s lending experience and network with KreditHero’s digital technology and wide reach, aiming to make it easier and faster for entrepreneurs to secure funding.
