The Philippine National Bank (PNB) has introduced higher InstaPay transaction limits for its business clients, becoming the first bank in the country to offer up to P500,000 per transfer.
Average rates on Treasury bills climbed at Monday’s auction as investors demanded higher returns, adjusting to expectations of further monetary tightening by the Bangko Sentral ng Pilipinas amid rising inflation pressures.
Filipino borrowers continue to prioritize practical, family-focused purchases, with sports utility vehicles (SUVs) and house-and-lot properties leading loan preferences, according to Metrobank.