Banking & Insurance
BSP and Banque de France sign MOU on currency operations
The Bangko Sentral ng Pilipinas (BSP) and Banque de France have formalized a partnership through a memorandum of understanding (MOU) aimed at strengthening currency management and other central banking operations.
Pru Life UK secures the Philippines’ first takaful license
The insurer Pru Life UK has made history by receiving the first takaful or Islamic insurance license in the Philippines from the Insurance Commission.
RCBC sustainable finance portfolio nears P100 billion
Rizal Commercial Banking Corporation (RCBC) said that its sustainable finance portfolio has reached nearly P100 billion, underscoring its commitment to environmental and social impact within the banking sector.
PSBank reports 19% rise in nine-month income to P4 billion
The Philippine Savings Bank (PSBank), the thrift banking subsidiary of the Metrobank Group, on Monday announced a net income of P4 billion for the nine months ending 30 September 2024, marking a 19 percent increase from the same period last year.
GoTyme, foodpanda launch loan program for MSMEs
GoTyme Bank has partnered with foodpanda in introducing a new loan program designed to empower micro, small, and medium enterprises (MSMEs) within foodpanda’s delivery network.
