Banking & Insurance

BOP stands as a $3.5B surplus in September

The Bangko Sentral ng Pilipinas reported a significant reversal in the balance of payments (BOP) position in September that stood as a surplus of USD3.5 billion.

‘Wealth Wellness Month’ launched

BPI Wealth, the wealth management division of the Bank of the Philippine Islands, has launched the inaugural Wealth Wellness Month, aimed at enhancing financial literacy and empowering Filipinos throughout their financial journey.

Australia commits P4B annually for PH’s development programs

The Philippines and Australia on Thursday launched in Manila the Development Partnership Plan 2024-2029 (DPP) where Australia commits capacity building and development programs worth billions each year.

Coin deposit machines helping BSP foster cashless transactions 

The Bangko Sentral ng Pilipinas (BSP) on Thursday announced that its coin deposit machines (CoDMs) have collected over P1 billion since their launch in June 2023.

DOF holds workshop on People’s Survival Fund

The Department of Finance (DOF) has conducted a project implementation-capacity building workshop in September aimed at streamlining the People’s Survival Fund (PSF) process for local government unit (LGU) beneficiaries.

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