Banking & Insurance

The Government Service Insurance System has set aside ₱12.62 million in emergency loans for 485 qualified members and pensioners in Puerto Galera, Oriental Mindoro, which is under a state of calamity due to El Niño-driven dry conditions and water shortages. Eligible active members and old-age or disability pensioners may borrow up to ₱20,000, or up to ₱40,000 to settle existing emergency loans while keeping a net release of ₱20,000. Loans come with a 6 percent annual interest rate, 36-month repayment term, no processing fees, loan redemption insurance, and a two-month grace period for the first payment. Applications will be accepted via the GSIS Touch app until July 24, 2026.

The Bangko Sentral ng Pilipinas (BSP) met with local financial institutions on June 25, 2026, to discuss a key safety measure designed to keep the country's banking system stable during tough economic times.

Treasury bill yields ended mixed at Monday's auction as easing headline inflation pulled down rates on shorter-dated securities, while persistent inflation risks and geopolitical uncertainty kept upward pressure on one-year debt.

The Bangko Sentral ng Pilipinas (BSP), the Tagbilaran City government, and the BDO Foundation have formalized an expanded partnership to strengthen financial capability and resilience among Bohol residents, through a memorandum of agreement signed on July 7, 2026 at Tagbilaran City Hall.

BDO Unibank Inc., the country’s largest lender by assets, has closed the offer period for its sixth peso-denominated ASEAN Sustainability Bonds ahead of schedule after attracting robust demand from both retail and institutional investors, signaling continued appetite for fixed-income investments despite a lower interest rate environment.