Banking & Insurance
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.
BDO-Seven Bank remittance partnership gains momentum
BDO Unibank, Inc. (BDO) and Japan’s Seven Bank have solidified their partnership, offering more convenience and reliability to overseas Filipinos sending money home.
BSP partners with Palawan Group under expanded caravan program
The Bangko Sentral ng Pilipinas (BSP) has teamed up with the Palawan Group of Companies (PGC) to extend the reach of its Piso Caravan program, allowing more Filipinos to exchange damaged or unfit currency for usable bills and coins.
