Monthly Archives: December 2024

News

DBP recognized for excellence in sustainability and corporate governance

calendar_today December 31, 2024 schedule 4 min read

The Development Bank of the Philippines (DBP), a key state-owned financial institution, has once again received international and national recognition for its commitment to sustainability. Read More...

Banking and Finance, News

As Islamic finance sector gains traction in PH, BSP plans to incorporate ‘sukuk’ in 2025 financing mix

calendar_today December 31, 2024 schedule 4 min read

The Philippine government, through the Bangko Sentral ng Pilipinas (BSP), plans to further integrate Islamic finance into its financial landscape, aiming to incorporate sukuk (Islamic. Read More...

Economy, News

PH maintains inflation target at 2.0-4.0% for 2025-2028

calendar_today December 30, 2024 schedule 3 min read

The Philippine government has maintained its inflation target at 2.0-4.0% for the next four years, spanning 2025 to 2028. This decision, announced by the Development. Read More...

Banking and Finance, News

Chinabank launches heartwarming “Focused on Christmas” video, ends 2024 with a bang

calendar_today December 30, 2024 schedule 4 min read

Chinabank (CBC) has recently unveiled its heartwarming "Focused on Christmas" video on YouTube and other social media platforms in celebration of the holiday season. The. Read More...

News

Metrobank claims 3 big awards as 2024 ends

calendar_today December 27, 2024 schedule 3 min read

Metropolitan Bank & Trust Co. (Metrobank) scored a rare trifecta of awards before 2024 ends. First, Metrobank brought home the Strongest Bank in the Philippines. Read More...

News

Crisp Christmas cash: BSP urges Filipinos to care for new polymer notes

calendar_today December 27, 2024 schedule 3 min read

As Filipinos prepare to exchange crisp new bills as Christmas aguinaldo, the Bangko Sentral ng Pilipinas (BSP) is urging Filipinos to take care of the. Read More...

Economy, News

Philippines’ foreign debt rises in Q3 2024, but remains manageable

calendar_today December 26, 2024 schedule 2 min read

The Philippines' foreign debt climbed in the third quarter of 2024, reaching US$139.64 billion, a 7.3% increase from the previous quarter. While this rise may. Read More...

Banking and Finance, News

YAZZ prepaid card to be deactivated, no more withdrawals after Feb. 18, 2025

calendar_today December 26, 2024 schedule 4 min read

YAZZ Prepaid cardholders, heads up! Metrobank has just announced that all YAZZ Prepaid Cards will be deactivated starting February 18, 2025. This means you won't. Read More...

MSMEs, News

Unlocking SMEs’ potential: JICA and BSP’s groundbreaking credit risk database project enters Phase 2

calendar_today December 25, 2024 schedule 4 min read

Good news! Small and medium enterprises (SMEs) in the Philippines can now rejoice as the Philippine government takes a significant step towards unlocking their immense. Read More...

Cybersecurity, News

‘Tis the season to be wary: BSP sounds alarm on text hijacking scams this Christmastide

calendar_today December 25, 2024 schedule 4 min read

The Bangko Sentral ng Pilipinas (BSP) has just issued a stark warning to the public about a sophisticated scam known as "text hijacking," a method. Read More...