Banking & Finance

Chinabank is offering its HomePlus Bundle Promo with a 6.25% p.a. fixed interest rate for five years—the lowest in the market—along with a waiver of up to ₱50,000 in bank fees. Borrowers taking a ₱5 million loan over 15 years could save over ₱90,000 compared to typical competitor rates of 6.50% or higher. To qualify, applicants must apply for a …

The Philippine Deposit Insurance Corporation said last week it completed the filing of 46 asset distribution plans (ADPs) with liquidation courts nationwide last year, meeting its full-year goal and speeding up payouts to creditors of closed banks. The filings include 20 final ADPs and 26 partial ADPs, each detailing how bank assets will be allocated based on their estimated realizable …

Philippine Guarantee Corporation and Sterling Bank of Asia have signed a ₱5-billion housing retail guarantee facility to widen access to home financing for Filipino families. The agreement was inked on March 17 at the Sterling Bank of Asia Head Office in San Juan City by PHILGUARANTEE President and CEO Alberto Pascual and SVP Teresito Cayo Butardo, joined by Sterling Bank …

BDO Unibank has renewed its partnership with 2GO to make shipping and travel more affordable and convenient for overseas Filipinos and their families. Through the collaboration, BDO Kabayan Savings accountholders can access exclusive discounts on 2GO’s shipping and travel services, reflecting a shared commitment to “Alagang Kabayan”—care for Filipinos abroad. “At BDO, we’ve always believed in finding ways to make …

LANDBANK has formalized a partnership with the League of Municipalities of the Philippines to enhance access to development financing and technical support across 1,486 municipalities nationwide. The collaboration, cemented through a Memorandum of Agreement during the LMP 1st General Assembly on March 9 in Pasay City, was signed by LANDBANK Executive Vice President Charlotte I. Conde and LMP National President …

Finance Secretary Frederick Go met with International Monetary Fund (IMF) Managing Director Kristalina Georgieva last week to discuss how the Philippines can advance its agenda of strengthening regional economic integration within the Association of Southeast Asian Nations (ASEAN). In a statement on Thursday, the Department of Finance (DOF) said Go outlined government initiatives aimed at supporting private sector growth by …

Foreign direct investments (FDI) posted net inflows of USD560 million in December 2025, higher than the USD427 million recorded in the same month a year earlier, according to data released by the Bangko Sentral ng Pilipinas (BSP). The BSP said Japan emerged as the largest source of investments during the month, with most inflows directed to financial and insurance activities. …

HSBC Philippines remains optimistic about expanding its retail banking operations in the country despite uncertainties arising from the ongoing crisis in the Middle East. Speaking at a briefing in Makati City last week, Pramoth Rajendran, head of international wealth and premier banking at HSBC Philippines, said the bank aims to double its customer base within the next three to five …

Philippine National Bank (PSE: PNB) has passed its surveillance audit for the ISO/IEC 27001:2022 information security certification while expanding the scope of the standard across more of its operations, reinforcing the bank’s commitment to safeguarding customer and business data. The certification audit was conducted by the British Standards Institution (BSI) and now includes additional business units, reflecting the bank’s continuing …

Metrobank is making investing more accessible by allowing clients to open and manage Unit Investment Trust Fund (UITF) accounts entirely online through its Metrobank Online platform. With the UITF Online feature, investors can subscribe, redeem, and monitor their funds anytime, anywhere, all managed by Metrobank’s multi-awarded team of fund managers. The platform caters to both new investors and those seeking …