Banking & Finance

The Development Bank of the Philippines (DBP) is calling on Filipinos to take part in the Bureau of the Treasury’s (BTr) latest Retail Treasury Bonds (RTB-31), saying it’s a safe and rewarding way to grow savings while helping fund the country’s development projects. DBP President and CEO Michael de Jesus said the bonds offer steady returns and low risk, making …

The Asian Development Bank (ADB) has approved a USD400 million loan to help the Philippines tackle hunger, food insecurity, and poor nutrition through the government’s Walang Gutom (Zero Hunger) Food Stamp program. The funding will provide monthly electronic food vouchers to 750,000 food-insecure households nationwide, enabling them to buy healthy and nutritious food.  “With nearly half of Filipinos unable to …

Approved foreign investment pledges in the Philippines surged to ₱67.38 billion in the second quarter of 2025, the Philippine Statistics Authority (PSA) reported. The Authority of the Freeport Area of Bataan, Board of Investments, Bangsamoro Board of Investments, Clark Development Corporation, Clark International Airport Corporation, Philippine Economic Zone Authority, and Subic Bay Metropolitan Authority greenlit the projects. Singapore led all …

Securities and Exchange Commission (SEC) Chairperson Francis Lim on Friday urged finance executives of local firms to help strengthen the country’s market integrity by ensuring strict adherence to governance standards in all transactions. Speaking at the 8th general membership meeting of the Financial Executives Institute of the Philippines (FINEX) in Makati City, Lim said integrity remains “the invisible currency” of …

The Bangko Sentral ng Pilipinas (BSP) is gearing up to launch tough new rules aimed at shielding Filipinos from the growing risks of online gambling. In a statement on Thursday, the central bank revealed that the new framework will enforce strict identity verification measures — including facial recognition — to ensure that only eligible users can access gambling-related services using …

The Philippines’ foreign currency stash dipped slightly in July — but the Bangko Sentral ng Pilipinas (BSP) assures it remains more than enough to shield the country from external economic shocks. Data released Thursday showed the country’s gross international reserves (GIR) stood at USD105.7 billion last month, a marginal decrease from the USD106 billion recorded at the end of June. …

Philippine National Bank (PSE: PNB) has teamed up with Japan’s Digital Wallet Corporation (DWC) — the brains behind the popular Smiles mobile remittance platform — to strengthen its international money transfer services for Filipinos worldwide. The strategic partnership, formalized on July 3, 2025, aims to make remittances faster, more affordable, and more accessible, especially for overseas Filipinos in Japan. “At …

In a move that advances inclusive education and social responsibility, LANDBANK and the University of the Philippines (UP) signed a Memorandum of Understanding (MOU) on August 1, 2025, to roll out employee-funded scholarships, faculty development grants, and digital banking services across UP campuses. At the heart of the partnership is LANDBANK’s support for UP’s LINGAP-ISKOLAR Program, which will provide scholarships …

The Bank of the Philippine Islands (BPI) is riding high on the momentum of strong consumer lending in the first half of 2025, fueling optimism for sustained income growth through year-end. BPI reported a 7.8 percent increase in net income, reaching P33 billion, driven largely by rising consumer loan demand and higher net interest income. In a media briefing on …

In a major boost to the country’s disaster preparedness, the World Bank is lending $700 million to help strengthen the climate and disaster resilience of 18 million Filipino households through a community-driven project that puts vulnerable communities at the forefront of risk planning and response. The funding is part of the $874.35 million Philippines Community Resilience Project, a joint undertaking …