Banking & Insurance
Philippine digital lending market set to cross $1B this year, driven by rising demand for online financial services
The Philippine digital lending sector is on track to exceed USD1 billion by the end of 2025, driven by surging consumer demand for accessible online financial solutions.
T-bill yields decline at auction
Treasury bill (T-bill) rates eased at Monday’s auction, the first conducted by the Bureau of the Treasury following the Bangko Sentral ng Pilipinas' decision to further lower interest rates.
Japan and the Philippines renew bilateral swap arrangement
The Bank of Japan, acting as agent for the Minister of Finance of Japan, and the Bangko Sentral ng Pilipinas signed the fourth Amendment and Restatement Agreement of the Third BSA.
Green bonds surge as global sustainable finance struggles to meet expectations
Global green bond issuance hit a record USD 169 billion in Q3 2024, surpassing the quarterly average of USD 160 billion, marking a significant rise from the USD 130 billion recorded in the same period last year.
Services exports, tourism recovery fueling PH export growth
The World Bank has projected a steady yet moderate growth in the Philippines' exports through 2026, with services exports, particularly in tourism and IT-BPO, leading the charge.
