Banking & Insurance
Billease secures P1B credit facility from PNB, landmark deal uses PPSR framework
Billease, the fintech brand operated by First Digital Finance Corp., announced Thursday it has signed a P1 billion credit facility with Philippine National Bank (PNB), the lender led by the Lucio Tan group.
Global Dominion, Go Negosyo launch livelihood initiative to boost MSMEs and local credit access
As persistent market pressures, soft domestic demand, and tight liquidity continue to squeeze Filipino households and micro, small, and medium enterprises (MSMEs), Global Dominion Financing, Inc. has partnered with Go Negosyo to deploy "Trabaho at Negosyo," a nationwide economic intervention designed to expand capital access, business mentorship, and income-generating opportunities across regional markets.
InLife puts insurance on everyday grocery list
Insular Life (InLife) is taking insurance out of the financial-planning aisle and putting it on the everyday grocery list.
Philippine reserves ease to USD103.3B in July
The Philippines’ gross international reserves (GIR) fell to USD103.3 billion at the end of July from USD104.7 billion a month earlier, while the country posted a USD1.5-billion balance of payments (BOP) deficit, reflecting continued pressure from external transactions.
AIA, BPI AIA target Philippines’ evolving retirement needs
Longer life expectancies, smaller families, and rising healthcare costs are forcing Filipinos to rethink retirement planning, creating demand for financial products that can provide both protection and income well into old age.
