Banking & Insurance

The Bangko Sentral ng Pilipinas (BSP) has partnered with the Microfinance Council of the Philippines, Inc. (MCPI) and the Rural Bankers Association of the Philippines, Inc. (RBAP) to broaden financial education efforts for low-income communities.

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.

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. 

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...

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.