Banking & Insurance
BDO names global banks for USD bond
BDO Unibank Inc., the country’s largest lender, is gearing up for a US dollar bond return as it tapped a powerhouse lineup of arrangers to engage global fixed-income investors.
BPI launches affordable protection vs critical illness
The Bank of the Philippine Islands and BPI/MS Insurance Corp. have introduced BPI Kaya Care Critical Illness Insurance, a low-cost plan designed to give Filipinos easier access to protection against major health threats.
BSP to launch book on lessons from major financial crises
The Bangko Sentral ng Pilipinas (BSP) is set to release a new book next year titled “Risk and Resilience in the Philippine Financial System: How Much Has Changed?” The volume examines the major financial crises that have shaped the country’s financial system, the policy responses that followed, and the lessons these events left behind.
SSS, Manulife expand insurance corve to more pensioners
The Social Security System (SSS) and Manulife Philippines have expanded their partnership to offer broader group credit life insurance for pensioners who take out loans under the SSS Pension Loan Program.
Tie-up sets stage for safer, faster field payments
The Philippine National Bank and PMFTC Inc. have signed a partnership that will equip more than 1,200 PMFTC sales personnel with QR Ph–enabled identification cards and lanyards, allowing them to accept customer payments through any mobile banking app or e-wallet.
