Banking & Insurance
PalawanPay, RCBC roll out zero-balance savings
The Palawan Group of Companies has partnered with Rizal Commercial Banking Corporation (RCBC) to launch PalaSave, a digital savings feature designed to make banking more accessible to millions of Filipinos.
Metrobank closes bond offer amid strong demand
Metropolitan Bank & Trust Co. (Metrobank), the country’s fourth-largest lender controlled by the Ty Group, has closed the public offer for its Series F ASEAN Sustainability peso-denominated bonds a week ahead of schedule, buoyed by strong demand from both institutional and retail investors.
Treasury partially awards T-Bills as yields rise
The Bureau of the Treasury (BTr) partially awarded its Treasury bill (T-bill) offerings on Monday, signaling a cautious stance as yields climbed amid heightened geopolitical tensions in the Middle East.
BSP keeps Friday services open despite energy-saving push
The Bangko Sentral ng Pilipinas (BSP) said it will keep providing public services on Fridays while supporting government efforts to conserve energy.
Filipinos urged to invest in protection, insurers expand digital partnerships
Filipinos are encouraged to invest more in life insurance as protection against financial risks, while the insurer Pru Life UK ramps up digital partnerships to widen access and improve coverage.
