Wednesday, 17 September 2025, 8:56 am

    Banking & Insurance

    Bank lending expansion slows in July; BSP eyes liquidity, policy alignment

    Bank lending by universal and commercial banks (U/KBs) continued to grow in July, albeit at a slightly slower pace, with year-on-year expansion at 11.8 percent, down from 12.1 percent in June, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP).

    Remolona named among World’s Best Central Banker for second consecutive year

    Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. has earned an “A-” rating in Global Finance magazine’s Central Banker Report Cards 2025, marking his second consecutive recognition as one of the world’s best central bank governors.

    BSP, DOLE ink data-sharing deal for better policymaking

    The Bangko Sentral ng Pilipinas (BSP) and the Department of Labor and Employment (DOLE) signed a memorandum of understanding (MOU) to enhance data sharing and collaboration, in a ceremony held at the BSP head office in Manila.

    GoTyme Bank launches free InstaPay transfers, challenging industry norm

    GoTyme Bank has introduced a new policy granting all its customers 20 free InstaPay transfers per month to nearly all banks and e-wallets—significantly undercutting the P15 to P25 fees typically charged by traditional banks and digital wallets for similar services.

    Australia backs women entrepreneurs with landmark SME loan

    The Australian Embassy in the Philippines has announced a US$3 million (₱172 million) loan to ARQ SME Finance, a female-led lender, to boost access to capital for small businesses—particularly those led by women.

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