Banking & Finance

The Bangko Sentral ng Pilipinas (BSP’s) reported gross international reserves (GIR) totalling $110.9 at the end of December, 2025 is admittedly lower month-on-month and would have been much lower if not for the ramping up of the price of gold in the global market. The GIR reached $110.12 billion in 2020, and declined to $108.79 billion in 2021 and $96.15 …

Secretary Frederick D. Go of the Department of Finance (DOF) was sworn in as a Monetary Board member on Thursday, the Bangko Sentral ng Pilipinas said. BSP Governor and Monetary Board Chair Eli M. Remolona, Jr. administered Go’s oath at the BSP head office in Manila. He joins the other Monetary Board members Benjamin E. Diokno, Romeo L. Bernardo, Rosalia …

The Securities and Exchange Commission (SEC) has warned financial investors against transacting with HFM-HF Markets and Exness Global Ltd., saying that these platforms, although legal in other countries, do not have the required license to operate in the Philippines. The commission noted that while the firms are registered as broker-dealers in other countries, they lack Philippine registration as required under …

Palawan ProtekTODO, the microinsurance arm of Palawan Group of Companies, is offering a new insurance plan designed for everyday workers—household helpers, drivers, security guards, teachers, and farmers. The new offerings are built around the realities of these essential workers, providing practical and affordable protection for those who often go without coverage. Each plan includes benefits such as accidental medical reimbursement, …

There is another reason for content creators and bloggers in the Philippines to be happy with Salmon, the fast-growing fintech firm. The bank has invited content creators and other creatives to join its campaign to make financial services more accessible to all Filipinos—and make some more income for themselves. Through the program, creators can earn up to 500 pesos for …

The Bureau of the Treasury (BTr) has released the names of 16 financial institutions that it recognizes as Primary Dealers (PDs) of government securities for the year 2026. In a memorandum dated December 23, 2025, signed by National Treasurer Sharon Almanza, the BTr announced the list of qualified Government Securities Eligible Dealers (GSEDs) under the PD System. The designation grants …

Bigger and more established banks cannot do this: offer eight percent interest on time deposit. But Salmon Bank (Rural Bank) Inc. is offering this product under its “Bank on Eight” promo. Salmon’s “Bank on Eight” promo promises a promotional interest rate of 8 percent per annum available to clients with Time Deposit placements of at least P1 million for a …

The Philippine Stock Exchange index (PSEi) ended 2025 on the red, reversing its rise for the last three sessions, but the Philippine peso finished sideways against the United States dollar. it was reported by the state-owned Philippine News Agency (PNA). The local bourse’s main index shed 0.21 percent to 6,052.92 points, but the broader All Shares rose 0.25 percent to …

PalawanPay renewed its commitment to the UP Fighting Maroons, highlighting partnership and shared purpose in their pursuit of excellence. PalawanPay, the e-wallet arm of the Palawan Group of Companies, proudly renewed its commitment to the UP Fighting Maroons, reinforcing its role as a steadfast partner in the team’s continued journey toward victory and growth. This renewed alliance reflects PalawanPay’s deep …

The Bangko Sentral ng Pilipinas (BSP) wants the public to know more about the foreign exchange market (FX), especially investors and financial business stakeholders. This is the rationale for the BSP’s current move to engage in a  nationwide information drive for a more investor-friendly FX environment. BSP Director Jodeth Niña R. Yeung has been conducting lectures in key regional centers including …