Banking & Insurance
Government debt at P17.46T in Sept, down from Aug
The National Government’s (NG) total outstanding debt continued to decline, settling at P17.46 trillion as of end-September from its level at the end of August, reflecting ongoing fiscal discipline, a strategic borrowing strategy, and prudent liability management amid stable market conditions and solid investor confidence.
BSP joins 2025 IMF-WBG Annual Meetings in Washington, D.C.
Bangko Sentral ng Pilipinas (BSP) monetary board members Romeo L. Bernardo and Walter C. Wassmer led the Philippine delegation to the 2025 IMF–World Bank Group Annual Meetings held from 13 to 18 October 2025, in Washington, D.C.
Study finds few young Filipinos prepared for life’s final expense
Many young Filipinos are eager to secure their families’ futures, yet few prepare financially for one of life’s certainties — death.
Second-quarter OFC holdings inch higher
The domestic claims, or assets, of other financial corporations (OFCs) in the Philippines grew marginally by 0.1 percentin the second quarter of 2025 compared with the previous quarter, reaching ₱10.7 trillion, according to the Bangko Sentral ng Pilipinas (BSP). Year-on-year, the sector’s assets expanded by 16.7 percent.
Asia United earnings rise on strong revenues, efficiency gains
Asia United Bank (AUB), along with its subsidiaries, sustained its profitability in the first nine months of 2025, driven by higher revenues and improved operational efficiency.
