Banking & Insurance

IFC ramps up climate finance support in Phl

The International Finance Corporation (IFC), a member of the World Bank, has agreed to invest $250 million in a green bond to be issued...

Non-life insurance premium rates seen adjusted higher near term

The cost of managing risks faced by local insurers for taking on clients, called reinsurance, is certain to rise, particularly the risk cover for...

BPI secures IFC commitment to $250 million in lender’s green bond issue

The International Finance Corp., a member of the World Bank, will invest USD250 million in a green bond that the Bank of the Philippine...

Six-month Landbank loan to agriculture hits P713.8 billion

Loans the Land Bank of the Philippines extended to agriculture in the first six months total P713.8 billion, representing a 177 percent increase from last...

Fintech adoption among the young rises from strength to strength each year – survey

The adoption rate of mobile apps in the financial technology or fintech space among the population 15 years and older is seen rising more...

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