Banking & Insurance
BSP grants relief measures amid energy crisis
The Bangko Sentral ng Pilipinas (BSP) has approved temporary relief measures to help banks and borrowers cope with rising energy costs and supply issues linked to tensions in the Middle East.
New UAE-PH agreement targets seamless cross-border payment system
The central banks of the Central Bank of the United Arab Emirates and the Bangko Sentral ng Pilipinas have signed a Memorandum of Understanding (MoU) to strengthen financial cooperation and support stronger trade between the United Arab Emirates and the Philippines.
Metrobank raises record peso bonds for sustainability push
Metropolitan Bank & Trust Co., the country’s 3rd largest lender by assets, has raised P35 billion from its largest peso-denominated bond issuance to date, underscoring strong investor appetite for sustainability-linked instruments despite evolving market conditions.
Lender adds stock trading feature to app
GoTyme Bank has launched a new feature called PH Stocks, allowing users to trade shares directly within its mobile app.
Treasury bill yields fall as bids rejected
Bureau of the Treasury nudged short-term borrowing costs lower on Monday, rejecting select bids for longer tenors while favoring shorter-dated securities in a calibrated effort to temper yields.
