Banking & Insurance

BSP raises cash withdrawal threshold to ₱1 million

The Bangko Sentral ng Pilipinas (BSP) has increased the cash withdrawal threshold that triggers enhanced due diligence (EDD) from ₱500,000 to ₱1 million, effective under BSP Circular No. 1230 issued on February 27, 2026.

BSP highlights wildlife on new banknotes

In celebration of World Wildlife Day, the Bangko Sentral ng Pilipinas (BSP) is featuring the country’s unique wildlife and flora on its new First Philippine Polymer Banknote Series, emphasizing Filipinos’ role as stewards of nature.

Rockwell Land secures P7B bond approval, projects boosted

Rockwell Land Corp., the listed property development arm of the Lopez Group, has secured the green light from the Securities and Exchange Commission for a P7-billion fixed-rate bond offering, with an oversubscription option of up to P3 billion to meet strong investor demand.

Metrobank brings UITF investing online

Investors can now work toward their life goals more easily through Unit Investment Trust Funds (UITFs) offered online by Metrobank.

Oil, dollar surge as Middle East conflict sparks fears of energy shock

Global markets jolted into the new week after a dramatic escalation between the United States, Israel and Iran triggered fresh fears of an energy supply shock that could ripple through currencies, inflation and consumer prices worldwide.

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