Banking & Insurance
Banks still cautious on lending, but tightening slows — BSP
The various banks are maintaining a cautious stance toward lending, though signs of easing in their risk aversion emerged in the latest 2Q 2025 Senior Bank Loan Officers’ Survey (SLOS) released by the Bangko Sentral ng Pilipinas (BSP).
GSIS expands emergency loan program across more Luzon areas
The Government Service Insurance System (GSIS) has broadened its emergency loan program to include additional localities in Luzon and the National Capital Region (NCR), following new state of calamity declarations by local government units.
Thrift banks hailed as pillars of resilience amid strong economic outlook
The Department of Finance (DOF) lauded thrift banks as “anchors of resilience” in the Philippine financial system during the 2025 Annual Convention of the Chamber of Thrift Banks (CTB). DOF undersecretary Domini S. D. Velasquez praised the sector’s role in supporting grassroots communities and sustaining financial momentum during economic shifts.
Strong market demand continue to soften T-bill yield
Treasury bill yields were lower at Monday’s auction, with demand for shorter-dated securities still strong.
Filipinos prioritize purpose over longevity, insurer survey finds
Filipinos are redefining longevity by valuing financial independence and active living over simply living longer, according to the Manulife Asia Care Survey 2025. The study, which polled 1,000 Filipinos, found that only 13 percent cited living longer as a priority, while 26 percent prioritized financial independence and 17 percent emphasized staying physically, mentally, and socially active.
