Banking & Finance

The Bangko Sentral ng Pilipinas (BSP) has reminded Philippine companies and government entities planning to secure foreign loans to submit their Foreign Borrowings Plan (FBP) for the fourth quarter of 2026 and full-year 2027 on or before Sept. 30. The requirement covers resident entities intending to obtain medium- and long-term foreign loans or borrowings from non-residents, including those planning offshore …

State-owned Development Bank of the Philippines (DBP) has partnered with the Philippine Institute of Volcanology and Seismology (PHIVOLCS) to integrate geohazard information into its risk management system and strengthen lending and investment decisions. DBP President and Chief Executive Officer Michael O. de Jesus said the agreement gives the bank access to PHIVOLCS’ GeoRiskPH platform, enabling it to use science-based hazard …

BDO Unibank, Inc. posted a net income of ₱40.7 billion in the first half of 2026, slightly higher than the ₱40.6 billion recorded in the same period last year, as strong lending activity and improved asset quality offset higher provisions for potential risks. The bank reported a return on equity of 12.7 percent, reflecting the sustained strength of its core …

EastWest is widening access to its Personal Equity and Retirement Account (PERA) products through new partnerships with DragonFi and Luna Securities, making it easier for Filipinos to invest for their retirement through digital platforms. The partnerships enable customers to access EastWest PERA through online investment platforms designed to simplify retirement planning and encourage long-term saving. PERA is a voluntary retirement …

The Bangko Sentral ng Pilipinas (BSP) is encouraging banks to diversify their financial products as the regulator pushes lower transaction fees to accelerate digital payments and expand financial inclusion. BSP Deputy Governor Mamerto Tangonan said banks should develop more competitive savings, credit, insurance, and investment products to attract more customers as digital banking becomes more affordable and accessible. The call …

MariBank has officially obtained a digital banking license from the Bangko Sentral ng Pilipinas (BSP), becoming the country’s seventh licensed digital bank and marking its transition from a rural bank to a full-fledged digital banking institution. The regulatory approval allows MariBank to expand its digital financial services and reach more customers nationwide as demand for online banking continues to grow. …

The Bank of the Philippine Islands (BPI) is exploring the use of stablecoin technology to make money transfers faster, cheaper, and more efficient as part of its continuing digital transformation strategy. BPI President and Chief Executive Officer TG Limcaoco said the bank is studying stablecoin-based payment rails to improve the movement of funds while maintaining the security and reliability expected …

For many overseas Filipino workers (OFWs), success is no longer measured solely by the amount of money sent home but by the lasting financial security they are able to build for their families through education, homeownership, investments, and retirement planning. Highlighting this shift, BDO Unibank reaffirmed its commitment to helping OFWs achieve long-term financial goals during a thanksgiving event in …

The Chamber of Thrift Banks (CTB) expects the thrift banking sector to sustain its growth this year, driven by rising demand for credit and expanding financial inclusion initiatives. Speaking on the sidelines of the CTB 2026 Convention in Makati City last week, CTB Convention Committee Chairman Manuel Santiago Jr. said the sector’s total assets have grown by 25 percent from …

Bank of the Philippine Islands (BPI) has restored access to all services on its mobile app and online banking platform after a prolonged outage that disrupted transactions Wednesday last week. In a Facebook advisory, BPI said its digital banking services were fully restored as of 9:30 p.m. The disruption occurred for most of the day, which coincided with payday for …