Banking & Insurance
Markets price in BSP rate cut amid economic pressures – Manulife
The Philippine equity markets are factoring in a potential 25-basis-point (bps) rate cut by the Bangko Sentral ng Pilipinas (BSP) at its upcoming policy meeting this Thursday, according to Manulife Investment Management Philippines.
CIMB Bank aims for 10M clients this year
CIMB Bank PH, the country’s top digital-only bank, has surpassed 9 million customers in only six years after its launch. The achievement underscores its success in providing accessible, innovative banking solutions to millions of Filipinos, and positions it to exceed 10 million customers by 2025.
Bank lending sees robust growth of 12.2% in December 2024
Bank lending posted a notable year-on-year increase of 12.2 percent in December 2024, up from 11.1 percent in November, according to preliminary data released by the Bangko Sentral ng Pilipinas (BSP).
Asialink helps boost MSME growth with P15.54B in loans
Financial services provider Asialink Finance Corporation (AFC) has stepped up efforts to empower micro, small, and medium enterprises (MSMEs) by offering accessible and flexible loan solutions.
T-bill yields rise ahead of BSP policy meeting
Treasury bill (-bill) rates rose at the auction on Monday, reflecting a correction in the market as it awaits the outcome of the monetary policy meeting of the Bangko Sentral ng Pilipinas later this week.
