Banking & Insurance

The Department of Finance (DOF) lauded thrift banks as “anchors of resilience” in the Philippine financial system during the 2025 Annual Convention of the Chamber of Thrift Banks (CTB). DOF undersecretary Domini S. D. Velasquez praised the sector’s role in supporting grassroots communities and sustaining financial momentum during economic shifts.

Treasury bill yields were lower at Monday’s auction, with demand for shorter-dated securities still strong.

Filipinos are redefining longevity by valuing financial independence and active living over simply living longer, according to the Manulife Asia Care Survey 2025. The study, which polled 1,000 Filipinos, found that only 13 percent cited living longer as a priority, while 26 percent prioritized financial independence and 17 percent emphasized staying physically, mentally, and socially active.

BDO Unibank Inc. has surpassed ₱1.04 trillion in sustainable financing since launching its Sustainable Finance Program in 2010, marking a significant milestone in its commitment to inclusive growth, environmental responsibility, and long-term economic resilience. The bank’s financing efforts span critical sectors such as energy, infrastructure, water, transportation, and community development.

Fresh River Lakes Corp. (FRLC), a wholly owned subsidiary of First Gen Corp., has secured a total of P15 billion in loan facilities from three major Philippine banks—BDO Unibank Inc. (BDO), Bank of the Philippine Islands (BPI), and Rizal Commercial Banking Corp. (RCBC).