The 28-day Bangko Sentral ng Pilipinas bill (BSPB) registered a lower yield in this week’s auction as investors continued to show strong appetite for short-term securities, the BSP reported Friday. In a statement, the central bank said the weighted average interest rate (WAIR) for the 28-day tenor fell by 6.45 basis points week-on-week to 4.9461 percent. The BSP kept the …
Read More »Banking & Finance
November notches steady inflation rate
Inflation in November is likely to settle within the range of 1.1 to 1.9 percent, the Bangko Sentral ng Pilipinas (BSP) reported on Friday. This would be lower than the target range of 2 to 4 percent set by economic managers. From January to October, the inflation rate averaged 1.7 percent, remaining flat below this range, as food prices largely …
Read More »BDO raises $500 million from offshore bond sale
BDO Unibank Inc., the country’s largest bank, raised $500 million from the sale of five-year fixed-rate senior notes to global investors as demand for the offering soared. A disclosure at the Philippine Stock Exchange (PSE) showed that the transaction, under BDO’s Medium Term Note (MTN) program, was more than 3.2 times oversubscribed, with orders totaling around $1.6 billion. The senior …
Read More »AI powers new era in digital banking — Maya
Maya took center stage at Hong Kong FinTech Week x StartmeupHK Festival 2025 as it showcased how artificial intelligence is powering a new era of smarter, more inclusive digital banking for millions of Filipinos. Speaking before global fintech innovators and banking executives, Maya Group Chief Technology Officer Alfred Lo delivered a clear message: AI is no longer just a tool—it …
Read More »Coins.ph just made transactions hassle-free
Since its establishment in 2014, Coins.ph has remained the leader in crypto exchanges in the country with over 16 million users. Through its mobile apps, users can buy and sell a variety of cryptocurrencies and access a wide range of financial services such as paying bills and buying groceries. The company is also the first crypto-based firm in Asia to …
Read More »Philippines gets BBB+ rating from S&P
The Philippines retains its investment-grade status as S&P Global Ratings affirms its long-term BBB+ and short-term A-2 ratings, while projecting slower growth for the economy this year. On November 27, 2025, S&P (Standard & Poor’s) index made the announcement as the government temporarily halts key infrastructure projects amid probes into suspected misuse of flood-control funds. The agency noted that the …
Read More »BSP: Reliable data helps uplift Filipino lives
The Bangko Sentral ng Pilipinas (BSP) emphasized the importance of reliable data in crafting policies that benefit the Filipino people. “Data is the lens through which we understand our people’s needs, and the map that helps us reach a better future,” said BSP Monetary Board Member (MBM) Rosalia V. De Leon. De Leon stressed that data enables government to measure …
Read More »Security Bank posts 7% net profit growth on strong loan expansion
Security Bank Corp.’s net profit rose 7 percent year-on-year to ₱9.1 billion in the first nine months of 2025, fueled by robust loan growth, the bank reported in a disclosure to the Philippine Stock Exchange (PSE) on Friday. Total revenues jumped 22 percent to ₱48.8 billion by the end of September, while net loans increased 8 percent to ₱672 billion, …
Read More »BSP warns public against SMS scams targeting bank accounts
The Bangko Sentral ng Pilipinas (BSP) on Friday warned that any text message containing links claiming to be from banks or e-money issuers is likely a scam. In a press release, the central bank clarified that legitimate financial institutions will never send links via SMS. Scammers use a tactic called “text hijacking,” inserting fake messages into legitimate threads to make …
Read More »LANDBANK Q3 income climbs 42% year-on-year to P35.65-B
LANDBANK achieved a significant 42% jump in net income to ₱35.65 billion as of the third quarter of 2025, already surpassing its full-year earnings of ₱35.36 billion in 2024, and underscoring the Bank’s robust financial trajectory and performance above historical averages. Total assets expanded to a record ₱3.45 trillion, supported by growth in loan and investment portfolios. This solidifies LANDBANK’s …
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