Banking & Insurance
BPI targets gig economy with new insurance plan
The Bank of the Philippine Islands (BPI), in partnership with BPI MS Insurance, has launched BPI Freelancer, a personal accident insurance product specifically designed for freelancers, consultants, digital nomads, and self-employed professionals. The service reflects BPI’s growing focus on inclusive financial solutions for non-traditional workers who typically lack access to formal employment benefits.
BSP hub attracts 6,000+ visitors since May opening
The Bangko Sentral ng Pilipinas (BSP) Hub has welcomed over 6,000 visitors since opening its doors to the public in May 2025. Located at the BSP Head Office along Roxas Boulevard in Manila, the Hub serves as a centralized venue for the BSP’s public-facing services.
Digital finance giants team up for ₱2.75B lending push
Southeast Asia’s leading digital finance platform Atome and the country's top digital bank Maya Bank have signed a ₱2.75 billion (approx. US$48 million) loan channeling agreement aimed at expanding access to credit for millions of underserved Filipinos.
GSIS earmarks P1.9B emergency loans for storm victims
The Government Service Insurance System (GSIS) has set aside an additional P1.9 billion in emergency loans for more than 71,000 active members and pensioners in five areas severely impacted by the southwest monsoon (habagat), the Intertropical Convergence Zone, and tropical storms Crising, Dante, and Emong.
Digital lender offers high interest savings for MSMEs
CIMB Bank Philippines, recently named the country’s best digital bank by The Asian Banker, has launched CIMB Biz, a new banking segment aimed at supporting micro, small, and medium enterprises (MSMEs) with improved access to formal financial services.
