Saturday, 11 October 2025, 9:29 pm

    Banking & Insurance

    E-money issuers have 1 year to comply with capital, liquidity threshold

    Electronic money issuers (EMIs) are now required to comply with minimum capital and liquidity requirements amid the rising incidence of information technology-related risks and to better protect the interests of account holders, according to the Bangko Sentral ng Pilipinas (BSP).

    LandBank, Pryce Corp. ink P1-B loan agreement

    State-run Land Bank of the Philippines and Pryce Corp. have inked a P1.6-billion loan agreement to fund the expansion of the firm’s operations in real estate development and liquefied petroleum gas (LPG) distribution.

    Metrobank extends P20.5B loan to Aboitiz-owned firms

    Ty-led Metropolitan Bank & Trust Co. (Metrobank) has extended P20.5 billion in loans to two strategic business units of Aboitiz Equity Ventures (AEV).

    Partners introduce “insure now, pay later” scheme

    UBX, the fintech arm of Aboitiz-led Union Bank of the Philippines, has partnered with Etiqa Philippines to introduce an “Insure now, Pay later” scheme in the Philippines.

    Country Builders Bank named Best Micro Finance Bank

    Country Builders Bank (CBB) has been named the Best Micro Finance Bank in the Philippines for 2023 by the London-based Global Banking & Finance Review.

    Popular

    Subscribe

    spot_img