Banking & Insurance
Financial access not enough: wisdom and discipline key to true financial wellness
Wider access to financial services alone cannot guarantee financial stability, as many Filipinos continue to face gaps in literacy and resilience.
Philippine banks face rising bad-loan risk, S&P warns
Philippine banks could see their bad-loan ratio rise to as high as 7 percent from 5.6 percent as inflation squeezes household incomes, credit growth weakens, and riskier unsecured loans come under pressure, S&P Global Ratings said.
Treasury bill yields jump after BSP rate hike
Treasury bill yields rose across all maturities at Monday’s auction as the Bangko Sentral ng Pilipinas’ recent rate hike pushed borrowing costs higher and investors braced for the possibility of further monetary tightening.
GCash sees DEFA opening finance, markets for MSMEs
Filipino micro, small, and medium enterprises (MSMEs) could gain wider access to financing and regional markets as ASEAN moves toward deeper digital integration, but barriers to formalization and differing regulations must first be addressed, according to Mynt, operator of GCash.
Plan B: Safety net for PH’s Sandwich Generation
Many Filipino working adults find themselves raising children, caring for aging parents, and planning their own future all at once. This group, known as the sandwich generation, stretches finances across two generations daily.
