Banking & Insurance
BSP adopts new format for policy decision announcements
The Bangko Sentral ng Pilipinas (BSP) will implement a new format for announcing monetary policy decisions starting Thursday, 28 August 2025, aligning with international best practices in more advanced jurisdictions.
Insurer retains strong credit ratings
Malayan Insurance Co., Inc. again secured its position as one of the country's most stable insurers, with AM Best reaffirming its Financial Strength Rating (FSR) of B++ (Good) and a National Scale Rating (NSR) of aa+.PH (Superior) for the 21st consecutive year.
BDO highlights new digital branch in campaign with Alden Richards
BDO Unibank spotlights its newest branch innovations in a new video campaign featuring long-time client and actor Alden Richards. The video showcases BDO’s latest digital solutions that blend convenience with personalized banking—offering clients the choice of going digital or receiving in-branch assistance.
Credit trust rising but barriers to wider adoption persist – survey
The trust or faith Filipinos put in the credit products put out by the various financial institutions has increased significantly based on the latest credit perception index or CPI conducted by the private credit reference firm TransUnion.
BSP flags fraudulent papers with forged signatures
The Bangko Sentral ng Pilipinas (BSP) has issued an official advisory cautioning the public against fraudulent documents falsely bearing the BSP name, logo, and forged signatures of its officials.
