Banking & Insurance
Monetary Board raises forecast inflation a notch higher but keeps policy settings unchanged
The policy-making Monetary Board of the Bangko Sentral ng Pilipinas (BSP) on Monday held its benchmark interest rate, also known as target reverse repurchase (RRP) rate at 6.50 percent for the fourth time in a series, meeting market expectations.
Treasury bill, bond rates up at Monday’s auction; market eyes BSP meet, inflation
Treasury bill and bond rates were higher at the double auction Monday, with higher inflation in March and a wide budget deficit in February dominating the news ahead the interest rate-setting meeting of the Bangko Sentral ng Pilipinas.
Fintech extends P118 billion clean loans on close to 4 million Filipinos
Fuse Lending, Inc. on Monday reported surpassing the P118 billion mark in life-to-date loans disbursed through GCash app as of the end of 2023, empowering nearly four million Filipinos.
GSIS releases April pension payments ahead of schedule
The Government Service Insurance System (GSIS) announced the release of its pension payments of old-age, disability, and survivorship pensioners by Saturday, 6 April, ahead of schedule.
PNB is Best Bank for Investment Research for fourth year in series
The Philippine National Bank has been awarded by Euromoney as the Best Bank for Investment Research in the Philippines during its Private Banking Awards...
