Banking & Insurance
BSP projects moderate March inflation, highlighting economic stability
The Bangko Sentral ng Pilipinas (BSP) has forecast March 2025 inflation to range between 1.7 percent and 2.5 percent, signaling a balanced outlook despite pressures from certain key commodities.
T-bill rates rise ahead of inflation data, BSP policy meeting
Average rates on Treasury bills (T-bills) increased during Monday's auction, ahead of the March inflation data release and the upcoming Bangko Sentral ng Pilipinas (BSP) monetary policy meeting.
Financial system proves resilient amid global challenges, says FSCC
The Financial Stability Coordination Council (FSCC) has released its 2024 Financial Stability Report (FSR), showcasing the resilience and stability of the Philippine financial system despite global challenges, including geopolitical tensions and policy shifts.
Pru Life UK strengthens leadership in the Philippines
Pru Life UK has boosted its position as top life insurer in the Philippines, based on its performance for 2024. According to the Insurance Commission, the insurer reported a new business annual premium equivalent (NBAPE) of P9.8 billion, leading the industry and marking a 33 percent quarter-on-quarter growth in Q4 2024.
BPI unveils first “phygital” branch in Mindanao
The Bank of the Philippine Islands (BPI), led by the Ayala Group, has launched its first-ever "phygital" branch in Mindanao, marking a new era in customer banking.
