The Land Bank of the Philippines has remitted a record-high ₱33.53 billion in cash dividends to the national government this year, the highest among all government-owned and controlled corporations (GOCCs) for the second consecutive year.
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. has been conferred an Honorary Fellowship by the Asian Institute of Chartered Bankers (AICB), highlighting his pivotal role in financial modernization and regional policy integration.
Insular Life (InLife), the country's largest Filipino-owned life insurance company, has completed its acquisition of 100 percent of Generali Life Assurance Philippines (Generali), marking a major corporate milestone in the country’s insurance industry.
The Bank of the Philippine Islands, the country’s third largest lender by assets, has announced the early closure of its public offering for the BPI Supporting Inclusion, Nature, and Growth (SINAG) Bonds, originally scheduled to run from May 20 to May 30.
The Bangko Sentral ng Pilipinas (BSP) has partnered with the Microfinance Council of the Philippines, Inc. (MCPI) and the Rural Bankers Association of the Philippines, Inc. (RBAP) to broaden financial education efforts for low-income communities.