Banking & Insurance
BPI backs energy deal, boosting nation’s infrastructure development
The Bank of the Philippine Islands (BPI) has solidified its role as a enabler of national infrastructure with its successful financing of I Squared Capital’s (ISQ) acquisition of the Philippine Coastal Storage and Pipeline Corporation (PCSPC), a landmark transaction with significant corporate and commercial implications.
T-bill rates ease at auction as inflation slows
Treasury bill yields fell across all tenors at Monday’s auction, as the sharp deceleration in April inflation heightened expectations of potential monetary policy easing.
Remolona: Trade shocks tougher to tame than supply disruptions
Bangko Sentral ng Pilipinas (BSP) governor Eli M. Remolona, Jr. warned that trade shocks pose a deeper challenge to economic stability than typical supply shocks, citing their longer-lasting effects on investment and growth.
Maya launches ‘Paleng-Kita’ credit program empowering market vendors, transport drivers
Maya, the country's top digital bank and fintech ecosystem, has unveiled Paleng-Kita, a new credit program aimed at providing micro and small business owners—particularly market vendors and public transport drivers—with access to fair, collateral-free loans.
Land Bank taps Isabela cooperative in agri-financing push
The Land Bank of the Philippines has struck an alliance with the Unified Tiller Agriculture Cooperative (UTAC), a development that strengthens commercial financing in agriculture and bolsters the country’s rice production capacity.
