Banking & Insurance

1Q remittances rise to $8.68 billion

Cash remittances from overseas Filipino workers (OFWs) reached US$2.87 billion in March 2026, helping sustain the steady flow of foreign exchange into the Philippine economy.

BSP consults stakeholders on financial education roadmap

The Bangko Sentral ng Pilipinas is leading the development of a new National Strategy for Financial Education (NSFE) aimed at improving the financial health of Filipinos by helping them make better money decisions.

FinVolution launches luvit Card  for Filipino consumers

FinVolution Group is making its mark in the Philippines with the launch of the luvit Card, an installment-enabled payment solution designed to make everyday spending more flexible and accessible for Filipinos.

Salmon Bank names new leaders amid rapid growth

Salmon Bank has appointed new senior leaders as it pushes ahead with expansion after more than doubling its loan portfolio and assets in 2025.

BankCom posts strong 13% profit growth

Bank of Commerce (BankCom), the banking affiliate of diversified San Miguel Corp., sustained its earnings momentum through the first quarter, reporting an unaudited net income of P976.19 million, up 13 percent from P866.79 million a year earlier. 

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