Banking & Insurance
BSP appoints Zeno Abenoja as Deputy Governor
Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. on Tuesday announced the appointment of Zeno Ronald R. Abenoja as the central bank’s new deputy governor, a key addition to the monetary authority’s top leadership.
BPI launches P5B SINAG sustainability bonds
The Bank of the Philippine Islands (BPI) has launched the BPI SINAG Bonds—its first issuance under a P200-billion bond and commercial paper program—with an initial offer size of P5 billion, and an option to increase based on investor demand.
T-bill yields fall further amid easing inflation
Yields on treasury bills continued their downward trend at Monday’s auction, driven by expectations of further monetary policy easing amid signs of cooling inflation.
Investor...
BanKo taps ECPay’s 300K-member network to reach underserved Filipinos
BPI Direct BanKo, Inc., a savings bank (BanKo), the microfinance arm of the Bank of the Philippine Islands (BPI), has partnered with Electronic Commerce Payments Inc. (ECPay), a leading electronic payment service provider, to make financial services more accessible to Filipinos, particularly micro-entrepreneurs and underserved communities.
Insurer tackles road risks with affordable insurance
Againsts a background of a 34 percent surge in holiday road traffic incidents, tech-based insurance platform Policymate is intensifying efforts to provide accessible vehicle insurance solutions to Filipino motorists.
