Banking & Insurance
Igloo goes AI-native, eyes Philippine market
Regional insurtech Igloo is doubling down on artificial intelligence in 2026, accelerating its transformation into an AI-native company as it targets rapid expansion in the Philippines.
Chinabank posts record profit in 2025, boosts balance sheet
China Banking Corp., the country’s fifth largest lender by assets and part of the Sy Group, delivered a banner performance in 2025 with record net income of P28 billion, up 13 percent from a year earlier, as core lending and fee businesses powered broad-based growth.
GSIS pushes stronger industry coordination at BAP Advisory Council
The president and general manager of the Government Service Insurance System Jose Arnulfo “Wick” Veloso and the former president of the Bankers Association of the Philippines, joined top banking leaders at the BAP Annual Advisory Council meeting, underscoring the urgency of tighter coordination across the financial sector.
Payments industry enters reliability-first era
Digital payments in the Philippines are poised to enter a new phase of maturity in 2026, with reliability, interoperability, and governance taking precedence over rapid user growth, according to regional fintech player Fiuu.
GSIS posts P344B in 2025 income as assets near P2 trillion
The Government Service Insurance System (GSIS) reported strong financial results in 2025, with total assets reaching P1.96 trillion, up 8.2 percent from 2024, putting the fund close to the P2 trillion mark.
