Banking & Insurance
New alliance boosts sari-sari stores with loans, tech, and wi-fi
Leading digital bank and fintech ecosystem Maya has partnered with retail chain Ultra Mega and connectivity provider GoodApps in a tripartite collaboration aimed at advancing digital financial inclusion for over 100,000 micro, small, and medium-sized enterprises (MSMEs)—with a focus on sari-sari stores across the Philippines.
Treasury bill yields steady at auction Monday
Treasury bill rates held steady at Monday’s auction as the market awaited fresh inflation data expected to influence the direction of monetary policy.
The May...
BSP empowers youth with money smarts
The Bangko Sentral ng Pilipinas (BSP) launched a two-day Economic and Financial Learning Program (EFLP) for students and educators in Bacolod City, aiming to boost financial literacy and help consumers make smarter economic choices.
BPI makes ₱10 InstaPay transfer fee permanent
The Bank of the Philippine Islands (BPI) has announced that its reduced ₱10 InstaPay fee for interbank fund transfers, originally introduced as a promotional offer, will become a permanent feature starting the first day of June this year. The move reinforces the bank’s focus on digital innovation and financial accessibility.
BankCom hikes dividend after record 2024 profit
Bank of Commerce (BankCom), an affiliate of San Miguel Corp., has approved a 79 percent increase in cash dividends for common shareholders, totaling P631.4 million, following its record P3-billion profit in 2024.
