Banking & Finance

Cocolife will soon extend its emergency insurance services to Grab Philippines and its motorcycle taxi arm Move It. In an announcement,  Grab and Move It said that under their expanded emergency insurance framework with Cocolife, rider-partners and passengers gain 24/7 access to a wider network of more than 700 Cocolife-accredited hospitals nationwide for emergency situations involving its booked ride. Under …

Great things are moving at LANDBANK. The bank  has partnered with the Social Security System (SSS) to launch a microloan facility through the bank’s mobile platform. The SSS Loan Lite Program allows members to apply for loans digitally via the LANDBANK app, with automated eligibility checks, streamlined processing and rapid crediting of proceeds. “This new product clearly is something that …

Insurance Commission (IC) Commissioner Reynaldo Regalado is calling for a stronger push toward microinsurance as a way to bring insurance protection closer to millions of Filipinos who remain outside the formal financial system. Speaking on Friday, Regalado underscored the role of microinsurance in widening access to coverage, noting that the product is specifically designed to meet the risk-protection needs of …

The government has provided guarantees to nearly P640 billion in loans as of December 2025, as Philippine Guarantee Corp. (PhilGuarantee) ramped up efforts to strengthen lending to priority sectors and support inclusive and sustainable economic growth. In a statement, PhilGuarantee said its partnerships with 200 lending institutions have enabled P639.58 billion in cumulative guaranteed loans since 2019, helping expand access …

Rizal Commercial Banking Corp. (RCBC) is planning to offer peso-denominated bonds that could fund sustainable initiatives. The bank is looking to issue fixed-rate papers that will be drawn down from its P200-billion bond and commercial paper program, it said in a disclosure to the stock exchange on Thursday. In 2022, RCBC doubled the size of its bond program from the …

Highly diversified  Ayala Corp. said Thursday that its board had approved the filing of a five-year shelf registration of up to P30 billion with the Securities and Exchange Commission (SEC). Ayala said in a disclosure that the move would provide the group “with the ability to undertake future issuances of Philippine peso-denominated bonds on an efficient and timely basis.” The …

BDO UNIBANK, Inc. is selling its majority stake in its investment holding company Dominion Holdings, Inc. (DHI). The bank signed last Monday a share purchase agreement with Monte Sur Equity Holdings, Inc. to sell 1,513,732,718 or 70% of its shares in the investment holding company at P1.68 per share or about P2.54 billion, it said in a disclosure to the …

A product from Epson, called EcoTank M2170, is touted to change the game in commercial banking. For more than five decades, Epson Philippines Corporation has quietly powered behind-the-scenes work flow in banks, delivering printing solutions built for environments where errors are costly and downtime is not an option. 
 This 2026 will be different. This is the year when Epson’s …

LAND BANK of the Philippines (LANDBANK) is planning to open 15 branches and branch-lite units nationwide this year as it looks to make financial services available to more Filipinos. “By expanding our touchpoints, LANDBANK continues to ensure that financial services remain accessible, inclusive, and responsive to the evolving needs of our clients — especially in the countryside. These new facilities …

Prospects for the Philippine economy continue to be on the bleak side. This is according to economists from Maybank, who see that the country’s economic growth will continue its trajectory of undershooting the government’s targets until next year, 2027. They said the nation’s gross domestic product (GDP) may have grown by 4.8% in 2025, before picking up slightly to 4.9% …