Banking & Insurance
UnionBank to inject P1.5B into CitySavings
Union Bank of the Philippines, the banking arm of the Aboitiz Group, has approved a capital infusion of up to P1.5 billion into its thrift bank subsidiary, City Savings Bank Inc. (CitySavings), to support the latter’s continued expansion and operational needs.
Foreign currency reserves rise in September
The country's gross international reserves (GIR) increased to US$108.8 billion in September, up from US$107.1 billion at the end of August this year.
BSP pause could keep yield curve steady — Manulife
Manulife Investment Management (MIM) expects the yield curve in the fixed income market to remain stable should the Bangko Sentral ng Pilipinas (BSP) keep its key interest rate at 5 percent at its rate-setting meeting on Thursday.
T-Bill rates climb ahead of BSP decision, inflation data
Average yields on Treasury bills rose across all tenors at Monday’s auction, as the market awaited the Bangko Sentral ng Pilipinas' (BSP) next monetary policy move amid expectations of a fresh uptick in inflation.
InLife Wins Two Awards at ESGBusiness Awards 2025
Insular Life (InLife), the country's first and largest Filipino life insurance company, received two prestigious honors at the ESGBusiness Awards 2025 held in Kuala Lumpur, Malaysia.
