Saturday, May 2, 2026
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Tag: financial stability

GSIS chief joins BAP advisory council for financial strategy

Government Service Insurance System president and general-manager Jose Arnulfo Veloso joined the Bankers Association of the Philippines (BAP) annual advisory council meeting to align...

Satellite Technology

The Bangko Sentral ng Pilipinas (BSP) and the Philippine Space Agency (PhilSA) sign a memorandum of agreement (MOA) on Jan. 27, 2026 on the...

PDIC backs Senate bill to expand deposit insurance and coverage

The Philippine Deposit Insurance Corp (PDIC) has expressed support for a Senate bill aimed at strengthening the country’s financial safety net by expanding insurance...

BSP urges ‘whole-of-nation’ defense against rising cyber fraud

Social engineering and identity theft accounted for 76 percent of cyber fraud losses in the Philippines during the first half of 2025, prompting the...

Filipino households resilient despite inflation

Filipino households are ending 2025 on solid financial ground but are adopting a more deliberate approach to spending and credit use amid persistent economic...

Filipino families prioritize health, collective saving over individual needs—BCG study

Financial preparedness for health emergencies is the single most pressing concern for Filipino households, surpassing savings, education and homeownership, according to a comprehensive report...

PDIC retains ISO certification for claims, bank assessment processes

The Philippine Deposit Insurance Corp. (PDIC) has retained its ISO 9001:2015 certifications for the quality management systems covering its claims settlement operations and assessment...

GSIS new trustees take oath, vow to prioritize financial stability

The Government Service Insurance System (GSIS) welcomed its newly appointed board of trustees, who took their oath of office before Executive Secretary Lucas Bersamin...

OFCs’ domestic claims cclimbed to P10.75 trillion in second quarter

Domestic claims of other financial corporations (OFCs) in the Philippines increased to P10.75 trillion in the second quarter of 2025, marking a 16.7-percent rise...

GSIS assures members of financial stability, transparency after House inquiry call

The Government Service Insurance System (GSIS) has reassured its 2.7 million members and pensioners of the pension fund's continuing financial strength and stability following...

Bank Examination

Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. (second from left) and Philippine Deposit Insurance Corp. (PDIC) president Roberto Tan (third from right)...

Philippines seen second-fastest growing ASEAN economy—AMRO

The Philippines is projected to be the second-fastest growing economy in the Association of Southeast Asian Nations (ASEAN) region in 2025. The ASEAN+3 Macroeconomic Research...

Philippine money supply grows 6.6% to P18.6 trillion

Philippine domestic liquidity (M3), or the amount of money circulating in the economy, grew 6.6 percent year-on-year to P18.6 trillion in August 2025, the...

BSP to close digital bank applications in December

The Bangko Sentral ng Pilipinas (BSP) said Friday it will stop accepting new applications for digital bank licenses by Dec. 1, 2025. The BSP’s Monetary...
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