Banking & Insurance
Diokno: PH spared from SVB downfall
The high-profile collapse of the California-based Silicon Valley Bank (SVB) is unlikely to affect the Philippine economy, the Department of Finance (DOF).
OFW remittances up 3.5% in January
The Bangko Sentral ng Pilipinas (BSP) said remittances from overseas Filipino workers (OFWs) inched up by 3.5 percent in January, slower than the above...
Visa, Plan International push for financial literacy of young people
Global digital payments platform Visa has partnered with Plan International to improve the financial and business literacy of girls and young people in the Philippines and Indonesia.
Aboitiz digital bank partners with MPIC’s healthcare arm
The digital arm of Aboitiz-led Union Bank of the Philippines has partnered with conglomerate Metro Pacific Investments Corp. (MPIC) as part of its efforts...
“Local banks are financially stable and well-capitalized”
The influential Bankers Association of the Philippines (BAP) on Tuesday gave assurance the banking public need not worry over recent developments in the US financial system one of whose banks has collapsed and taken over by authorities.
