Category : Banking Finance


Maya Wins Neobank of the Year at Triple A Awards 2026

Maya has been named Neobank of the Year and recognized for Best Digital Fraud Protection Experience at The Asset Triple A Digital Awards 2026, highlighting its secure and user-centric digital banking services.

PBCOM Hits Record ₱2.5B Net Income in 2025

Philippine Bank of Communications reports a 15.3% surge in net income to ₱2.5 billion for 2025, fueled by higher interest income and asset sales. The bank's total assets grew to ₱185.3 billion, with plans to expand its branch network.

PH Credit Rating Stable at BBB, Outlook Turns Negative

Fitch Ratings keeps the Philippines' investment-grade credit rating at BBB but shifts the outlook from stable to negative due to global energy shocks and rising risks, with BSP monitoring inflation and geopolitical impacts.

Philippines BOP Deficit in March, Reserves Stay Healthy

The Bangko Sentral ng Pilipinas reported a $2.6 billion balance of payments deficit in March 2026, bringing the year-to-date shortfall to $5.3 billion. Despite a slight dip, gross international reserves remain strong at $106.6 billion, providing ample ext

PDIC and BAIPHIL Partner to Strengthen Depositor Protection

The Philippine Deposit Insurance Corporation and Bankers Institute of the Philippines collaborated in a webinar to enhance depositor protection, discussing the increased Maximum Deposit Insurance Coverage of ₱1 million and its impact on banking confidence

ASEAN Strengthens Finance Cooperation Amid Global Risks

Southeast Asian finance leaders agreed to boost cooperation in banking, digital payments, and climate financing to stabilize the region's economy. They highlighted risks like global conflicts and trade tensions, with growth at 4.5% in 2025.

PDIC Ad Campaign Promotes Bank Savings and Depositor Protection

The Philippine Deposit Insurance Corporation (PDIC) has rolled out a nationwide out-of-home advertising campaign to enhance public awareness of depositor protection and financial system stability, targeting everyday moments like commuting and shopping.

S&P Affirms Philippines' BBB+ Rating, Outlook Stable

S&P Global Ratings retains the Philippines' investment-grade credit rating at BBB+ but revises the outlook from positive to stable due to Middle East conflict risks, while projecting strong economic growth.

SEC Extends MSME Fee Discounts to End of 2026

The Securities and Exchange Commission has prolonged reduced registration fees for micro, small, and medium enterprises until December 2026, aiming to boost incorporation and economic growth.

Pag-Ibig Keeps 3% Rate for Socialized Housing Loans

State-run Pag-Ibig Fund maintains a subsidized 3% interest rate for socialized housing loans under the 4PH program, protecting low-income homebuyers from global uncertainties and supporting the housing sector's stability and growth.

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