Banking & Insurance
EastWest launches BizAccess Visa Debit to support SMEs
EastWest, in partnership with Visa, has introduced the BizAccess Visa Debit, a new banking solution designed to help small and medium enterprises (SMEs) manage their finances more efficiently.
Monetary Board revokes remittance company license
The Bangko Sentral ng Pilipinas (BSP) Monetary Board has canceled the registration of ABA Global Philippines, Inc., which operates under the trade name COEX STAR, as a remittance and transfer company.
BSP expands relief rules for calamity-hit areas
The Bangko Sentral ng Pilipinas (BSP) has enhanced its regulatory relief policies to better support banks and borrowers affected by calamities, reinforcing efforts to maintain financial stability and resilience during crises.
T-Bill yields slip as Fed meet nears
Treasury bill rates continued to ease this week as investors bet on the growing likelihood of monetary policy easing, following softer-than-expected inflation data in the US.
BSP updates banks on foreign exchange rules
The Bangko Sentral ng Pilipinas (BSP) held an information session for the banking industry to strengthen compliance and promote sound practices in foreign exchange (FX) transactions.
