Banking & Insurance

Federal Reserve holds rates as risks persist

The Federal Reserve held its benchmark rate at 3.5 percent to 3.75 percent and its chairman, Jerome Powell, said monetary policy is steady for...

BSP monitors Middle East conflict risks ahead of April policy meeting

The Bangko Sentral ng Pilipinas (BSP) said it is closely watching the ongoing conflict in the Middle East as it prepares for its monetary policy meeting on April 23, 2026.

BanKo pumps P23.7B into micro-businesses

BPI Direct BanKo, Inc., the microfinance unit of Bank of the Philippine Islands, continued to expand financial services for underserved Filipinos, particularly self-employed micro-entrepreneurs, in 2025.

Cebuana Lhuillier widens forex access nationwide

Cebuana Lhuillier is ramping up its foreign exchange services, aiming to make global currencies more accessible to Filipinos—especially overseas workers and international travelers—while cementing its role as a full-service financial provider.

Aboitiz-Delgado becomes first woman president of Bankers Association of the Philippines

Ana Maria Aboitiz-Delgado, president and CEO of Union Bank of the Philippines, has been elected president of the Bankers Association of the Philippines (BAP), becoming the first woman to lead the group in nearly 80 years.

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