Banking & Insurance
BPI backs Manila auto show with financing deals, promotes sustainable mobility
The Bank of the Philippine Islands (BPI) will support the Manila International Auto Show (MIAS) from April 9 to 12 at the World Trade Center Metro Manila, offering financing deals and promoting eco-friendly transport.
Mastercard, FinVolution Launch Luvit Card in the Philippines
Mastercard and FinVolution Group have launched the Luvit Card, a new payment card that allows Filipinos to make purchases and repay in installments. The card is available as both a virtual and physical option and can be used across Mastercard’s global network of merchants.
Insurer expands portfolio options with globally diversified income fund
Pru Life UK has launched a new globally diversified investment fund, underscoring what it calls a major shift in how investors must approach wealth building in today’s uncertain financial environment.
RCBC raises record P20.5B ASEAN sustainability bonds
Rizal Commercial Banking Corp., the country’s 6th largest lender by assets, has raised a record P20.5 billion from its Series G ASEAN Sustainability Bonds, underscoring strong investor appetite for Environmental, Social, and Governance-linked debt despite a volatile rate environment.
Government budget deficit narrows in February amid revenue surge
The National Government’s fiscal position improved in February, with the budget deficit slightly narrowing to P171.2 billion from P171.4 billion a year ago, as a sharp rise in revenues helped offset faster spending growth.
