Banking & Insurance
Maya, GCash cut ties with online gambling, sever links, icons from platform
The country’s two e-wallet companies on Thursday said they will comply with the Bangko Sentral ng Pilipinas’ (BSP) directive to remove links and icons that connect payment apps to online gambling platforms.
BSP honors outstanding south Luzon partners
The Bangko Sentral ng Pilipinas (BSP) recognized nine outstanding institutional partners of its South Luzon Regional Office (SLRO) during the 2025 Outstanding BSP Stakeholders Appreciation Ceremony (OBSAC) held on 08 August 2025 in Naga City.
Better interest margin, trading gains lift Security Bank 1H profit
Security Bank Corp., the country’s seventh-largest lender by assets, said strong revenue growth and improved margins lifted its net income in the first half of the year by 8 percent to P5.9 billion.
BAP co-hosts Finance Philippines 2025
The Bankers Association of the Philippines (BAP) will co-host Finance Philippines 2025 with The Asian Banker, marking a significant convergence of leadership, innovation, and strategy in the Philippine financial sector.
August inflation seen to rebound slightly
Inflation is expected to edge up in August to between 1.4 percent and 1.5 percent, following July's six-year low, according to Jesus Mariano “Manny” Ocampo, president and COO of the Investment & Capital Corporation of the Philippines (ICCP). The anticipated uptick is attributed to flood-related supply disruptions in agriculture and the delayed impact of U.S. tariffs on select exports.
