Banking & Insurance
Non-bank finance players deepen economic reach
The other financial corporations (OFCs), a key segment of the Philippine financial system outside traditional banks, insurers, and pension funds, expanded their domestic assets to ₱10.6 trillion in the first three months this year, reflecting a 4.9 percent increase quarter-on-quarter and a robust 14.6 percent growth year-on-year, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP).
GSIS releases over P1.5B in emergency loans to 44,000 members, pensioners
The Government Service Insurance System (GSIS) has disbursed over P1.5 billion in emergency loans to more than 44,000 government employees and pensioners affected by recent calamities, including Tropical Storms Crising, Dante, and Emong.
Chinabank delivers record P13B profit in 1H
China Banking Corp. posted a record net income of P13 billion in the first half, up 14 percent year-on-year, driven by robust core business...
Leaders unite at BPI-led conference to tackle cybercrime
More than 230 leaders from government, business, and academia gathered at the 2025 BPI CyberProtect Conference, hosted by the Bank of the Philippine Islands (BPI), to address rising cyber threats and financial fraud.
Central bank chiefs tackle geopolitics, inflation, and AI at EMEAP 2025
Central bank governors from East Asia and the Pacific convened in Bangkok for the 30th EMEAP (Executives’ Meeting of East Asia-Pacific Central Banks) Governors’ Meeting, chaired by Bank of Thailand Governor Sethaput Suthiwartnarueput.
