Banking & Insurance
GSIS defends investment soundness amid review of stake in gaming firm
The Government Service Insurance System (GSIS) on Wednesday affirmed the actuarial soundness and financial strength of its investment portfolio, including its recent stake in DigiPlus Interactive Corp., amid public scrutiny over the state-owned firm’s investment choices.
Forex reserves dip slightly to $105.7B in July
The country's gross international reserves (GIR) edged down to US$105.7 billion at end-July 2025 from US$106.0 billion the previous month, according to preliminary data released by the Bangko Sentral ng Pilipinas (BSP).
BSP moves to tighten online gambling rules, citing consumer risk
The Bangko Sentral ng Pilipinas (BSP) is preparing to roll out stringent new regulations targeting financial transactions linked to online gambling, reinforcing its position against gambling-related harm in the digital economy.
BSP urges timely submission of foreign borrowing plans
The Bangko Sentral ng Pilipinas (BSP) has issued a reminder to resident entities to submit their Foreign Borrowings Plan (FBP) for the fourth quarter of 2025 and full year 2026 by September 30, 2025.
PNB expands fund management with ISECO dea
The Philippine National Bank's trust banking group has formalized a retirement fund partnership with Ilocos Sur Electric Cooperative (ISECO), the province’s sole electric distribution utility, strengthening its footprint in institutional fund management.
