Banking & Insurance
GSIS releases over P1.5B in emergency loans to 44,000 members, pensioners
The Government Service Insurance System (GSIS) has disbursed over P1.5 billion in emergency loans to more than 44,000 government employees and pensioners affected by recent calamities, including Tropical Storms Crising, Dante, and Emong.
Chinabank delivers record P13B profit in 1H
China Banking Corp. posted a record net income of P13 billion in the first half, up 14 percent year-on-year, driven by robust core business...
Leaders unite at BPI-led conference to tackle cybercrime
More than 230 leaders from government, business, and academia gathered at the 2025 BPI CyberProtect Conference, hosted by the Bank of the Philippine Islands (BPI), to address rising cyber threats and financial fraud.
Central bank chiefs tackle geopolitics, inflation, and AI at EMEAP 2025
Central bank governors from East Asia and the Pacific convened in Bangkok for the 30th EMEAP (Executives’ Meeting of East Asia-Pacific Central Banks) Governors’ Meeting, chaired by Bank of Thailand Governor Sethaput Suthiwartnarueput.
Mind the gap: widening insurance shortfall poses national risk
The Philippines faces a large insurance protection gap that continues to expand, leaving the vast majority of its population financially vulnerable to life and health risks. According to the Philippine Life Insurance Association (PLIA), over 98 percent of insurable risks across life and property remain unprotected—an exposure estimated to be worth ₱24 trillion, or roughly ₱1.17 million per household.
