Banking & Insurance
ADB commits USD500M to Philippines’ Blue Economy
The Asian Development Bank (ADB) has approved a USD500 million policy-based loan to boost the Philippines’ blue economy, marking its first major cross-sector initiative focused on national marine development.
Regulators strengthen safeguards for PERA contributors
The Bangko Sentral ng Pilipinas (BSP) and the Securities and Exchange Commission (SEC) have joined forces to better protect the retirement savings of Filipino workers.
BPI pushes financial inclusion with new savers depot locations
The Bank of the Philippine Islands (BPI) has partnered with retail chain Savers Depot to offer banking services inside Savers Depot branches across Visayas and Mindanao.
GCash, Japan’s QBC launch easier remittance option for Filipinos
GCash has partnered with Japan-based Queen Bee Capital (QBC) to make it easier for Filipinos in Japan to send money home.
State guarantee to power wider SME loans under DCFC partnership
State-owned Philippine Guarantee Corp. (Philguarantee) has partnered with Discovery Capital Finance Corp. (DCFC) to widen credit access for small and medium enterprises (SMEs) across the country.
