Banking & Finance

FWD Life Insurance’s FWD Affiliates PH app 3.0

Want to earn money? Want the secret to stay on budget? Want to start investing? Interested to learn the differences between stocks and bonds? Want to know how much you need to retire early and in style?  We want to learn. And clearly, we need to learn—if we based it on the Bangko Sentral ng Pilipinas (BSP) 2019 Financial Inclusion …

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PH investment climate to enable medium term fiscal goals – Diokno

Finance Secretary Benjamin Diokno expressed optimism that the country’s improving investment climate will enable the government to reach its medium term goals. “As we improve the investment attractiveness of our domestic economy, I am confident that we will be able to meet the growth targets indicated in our Medium-Term Fiscal Framework,” said Secretary Diokno in a pre-recorded keynote during the …

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Estrella, Borromeo approve IRR on agrarian debt moratorium

In compliance with the directive of President Ferdinand R. Marcos, Jr., Agrarian Reform Secretary Conrado M. Estrella III and Land Bank of the Philippines (LANDBANK) President and CEO Cecilia C. Borromeo, today, September 28, 2022, signed the Joint Administrative Order providing the implementing rules and regulations (IRR) for Executive Order No. 4 Series of 2022, which declares a moratorium on …

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LANDBANK AgriSenso puts spotlight on affordable financing for agri players

State-run Land Bank of the Philippines (LANDBANK) remains aggressive in extending affordable financing for individual farmers and fishers, and other players in the agriculture value chain through loan programs jointly implemented by the Bank with the Department of Agriculture (DA).  The third run of the LANDBANK AgriSenso Virtual Forum on 19 September 2022 featured loan availers, namely Kuvi Integrated Farm …

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Affected Metrobank branches by Typhoon Karding closed on September 26

To prioritize the safety of our customers and Metrobankers, affected Metropolitan Bank & Trust Co. (Metrobank) branches by typhoon Karding (international name: Noru) in Northern and Southern Luzon will be closed today, September 26. Meanwhile, Metrobank Online—its internet banking platform—the Metrobank Mobile app, Metrobank’s automated teller machines (ATM) and cash acceptance machines (CAM) are online and available for customers to …

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Get up to 5% rebate on every swipe with Security Bank’s Complete Cashback Platinum card

Beating the rising prices of daily essentials while keeping the household in tiptop shape is crucial. Consumers are consistently looking for practical ways to get the most bang out of their buck. Just like a never-ending sale, you can get up to 5-4-3-2-1% instant cashback on your everyday purchases plus get a welcome gift of up to PHP5,000 eGC with …

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BSP and retailers sign agreement for Coin Deposit Machine Project

The Bangko Sentral ng Pilipinas (BSP) and its partner retailers (SM Retail, Inc.; Filinvest Land, Inc.; and Robinsons Supermarket) recently signed a Memorandum of Agreement (MOA) to deploy 25 Coin Deposit Machines (CoDM) in select retail establishments. The BSP-initiated project aims to boost its Coin Recirculation Program, and to promote financial inclusion and digitalization. Consumers will be able to conveniently …

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LANDBANK installs new ATM to serve Marawi teachers

Teachers and residents will no longer need to wait in long queues and travel to other towns for their cash requirements, with the installation of a new Land Bank of the Philippines (LANDBANK) ATM at the Amai Pakpak Central Elementary School (APCES) Compound in Barangay Buadi Sacayo. In partnership with the Department of Education (DepEd) – City Schools Division of …

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BSP holds “Palit Pera Drive” and “Info Caravan” in Baguio City

The Bangko Sentral ng Pilipinas-North Luzon Regional Office (BSP-NLRO) conducted the “Palit Pera Drive” and “Info Caravan” on 14 August 2022 at Malcolm Square in Baguio City. The “Palit Pera Drive” facilitated the withdrawal of unfit coins and banknotes from general circulation. The “Info Caravan,” meanwhile, offered a free seminar on “Know Your Money” to educate the public about the …

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Personal Remittances Up by 4.4 Percent YoY in June 2022; H1 2022 Level Reaches US$17.1 Billion

Personal remittances from Overseas Filipinos (OFs) grew by 4.4 percent year-on-year to reach US$3.1 billion in June 2022 from US$2.9 billion recorded in the same month last year. This resulted in the growth of the cumulative personal remittances by 2.8 percent to US$17.1 billion in the first half of 2022 from US$16.6 billion recorded in the comparable period in 2021. …

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