Banking & Insurance
BSP pushes open finance framework
The Bangko Sentral ng Pilipinas invites interested BSP-supervised financial institutions (BSFIs) and third-party providers to participate in a standards consultation for the Philippine Open Finance Pilot (“PH Open Finance Pilot”) to inform the development of open finance technical and operational standards and arrangements.
PDIC to raise P66M via disposal of Luzon residential, commercial
State-run Philippine Deposit Insurance Corporation (PDIC) aims to raise at least P65.6 million via the electronic auction of 30 residential and commercial lots located in Luzon next month.
Landbank extends P1B loan to Sarangani LGU
State-owned Land Bank of the Philippines is extending P1 billion worth of loans to the local government of Sarangani to fund its various development projects.
CIMB offering competitively priced deposit program
Leading digital banking products and services provider CIMB Bank Philippines opens the year with a new high-interest deposit offering to help Filipinos save.
Through CIMB...
RCBC plans US dollar bond sale; weighs market conditions
Rizal Commercial Banking Corp., the banking arm of the Yuchengco Group, is planning the sale US dollar-denominated bonds to fund lending and other expansion plans.
