Banking & Insurance
BPI closes SINAG Bond offer early
The Bank of the Philippine Islands, the country’s third largest lender by assets, has announced the early closure of its public offering for the BPI Supporting Inclusion, Nature, and Growth (SINAG) Bonds, originally scheduled to run from May 20 to May 30.
BSP champions practical financial education for rural Filipinos
The Bangko Sentral ng Pilipinas (BSP) has partnered with the Microfinance Council of the Philippines, Inc. (MCPI) and the Rural Bankers Association of the Philippines, Inc. (RBAP) to broaden financial education efforts for low-income communities.
BSP appoints Zeno Abenoja as Deputy Governor
Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. on Tuesday announced the appointment of Zeno Ronald R. Abenoja as the central bank’s new deputy governor, a key addition to the monetary authority’s top leadership.
BPI launches P5B SINAG sustainability bonds
The Bank of the Philippine Islands (BPI) has launched the BPI SINAG Bonds—its first issuance under a P200-billion bond and commercial paper program—with an initial offer size of P5 billion, and an option to increase based on investor demand.
T-bill yields fall further amid easing inflation
Yields on treasury bills continued their downward trend at Monday’s auction, driven by expectations of further monetary policy easing amid signs of cooling inflation.
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