Monday, December 8, 2025
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BSP: Banking services resume in typhoon-hit Masbate

The Bangko Sentral ng Pilipinas (BSP) said it coordinated with financial institutions to maintain banking service availability in Masbate after Typhoon Opong struck the province.

The BSP’s Legazpi branch received a report that by Thursday noon, all banks in Masbate had resumed operations.

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Based on the report by Masbate Bankers Association (MBA), some automated teller machines (ATMs) were still offline due to connectivity issues, but over-the-counter withdrawals and other transactions may already be done at all banks in the province.

“These actions support communities hit by Typhoon Opong and keep essential financial transactions flowing during recovery,” the BSP said in a statement.

The BSP said it would continue to monitor banking operations in Masbate as the province recovers from the typhoon, in line with the central bank’s commitment to efficient delivery of financial services.

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