Top central banks strike hawkish tone as they convene in war’s shadow
OTTAWA/WASHINGTON/TOKYO — Top central banks from the US, Canada and Japan struck hawkish tones on Wednesday, albeit to varying degrees, as the Iran war...
Peso strengthens to P59.52 on easing oil prices
THE PHILIPPINE PESO strengthened against the dollar on Wednesday as oil prices eased and market optimism improved after reports that tankers had successfully moved...
PHL financial system resources up 7.3%
RESOURCES in the Philippine financial system rose to over P36.33 trillion in January, supported by steady deposit inflows and robust loan growth, according to...
BSP’s 7-day term deposit yields rise
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) seven-day term deposits nudged higher on Wednesday, even as demand exceeded the central bank’s offer amid...
UnionBank CEO 1st female BAP head
ANA MARIA ABOITIZ-DELGADO, president and chief executive officer (CEO) at Union Bank of the Philippines (UnionBank), has been elected president of the Bankers Association...
AIA: Filipinos taking charge of finances and health
AIA PHILIPPINES Life and General Insurance Co., Inc. is seeing a shift in Filipinos toward more proactive financial and health planning, driven largely by...
SSS rolls out MySSS Card with EastWest Rural Bank
THE SOCIAL SECURITY SYSTEM (SSS) has partnered with East West Rural Bank, Inc. to expand the MySSS Card to underserved areas.
SSS President Robert Joseph...
IC joins agencies to boost insurance cybersecurity
THE INSURANCE COMMISSION (IC) has partnered with five government agencies to strengthen cybersecurity in the insurance sector.
On March 16, the IC signed a memorandum...
Treasury partially awards reissued T-bonds
THE PHILIPPINE GOVERNMENT partially awarded reissued 10-year Treasury bonds (T-bonds) on Tuesday, as investors stayed cautious amid rising inflation risks linked to the Middle East war.
Peso rebounds as oil prices ease on Strait of Hormuz transit signs
THE PHILIPPINE PESO snapped a two-day slide on Tuesday as oil prices eased following reports that some vessels had begun passing through the Strait...
Metrobank plans P5-billion sustainability bond sale
METROPOLITAN BANK & Trust Co. (Metrobank) is looking to raise at least P5 billion through the sale of short-term ASEAN sustainability bonds, as it...
RCBC ends bond offer early on strong demand
RIZAL COMMERCIAL Banking Corp. (RCBC) said it ended the public offer period for its three-year ASEAN sustainability bonds ahead of schedule after drawing strong...