Caricature showing two mobile phones to illustrate that BSP has already completed testing for 'Project Agila,' which paves way for wholesale CBDCs this 2024 and beyond

calendar_today December 9, 2024 schedule 4 min read

BSP completes testing for ‘Project Agila,’ paves way for wholesale CBDCs this 2024 and beyond

The Bangko Sentral ng Pilipinas (BSP) has successfully concluded testing for “Project Agila,” a groundbreaking initiative that leverages cutting-edge technology…

calendar_today December 6, 2024 schedule 4 min read

Security Bank expands reach with P11-B deal to acquire 25% stake in Home Credit Philippines

Security Bank Corp. is set to strengthen its foothold in the consumer finance sector through a strategic acquisition, purchasing a…

RCBC partners with Tesla (here showing one of its car models) to drive sustainable mobility in the Philippines this 2024 and beyond

calendar_today December 5, 2024 schedule 4 min read

RCBC partners with Tesla to drive sustainable mobility in the Philippines this 2024 and beyond

Rizal Commercial Banking Corp. (RCBC), managed by the Yuchengco Group, has recently been selected as one of Tesla’s financing partners…

calendar_today December 2, 2024 schedule 5 min read

BSP says Islamic Banking has bright future in PH, is poised for growth this 2024

The Bangko Sentral ng Pilipinas (BSP) has highlighted the Philippines’ significant potential as an investment hub for Islamic finance. Photo…

Progressive Rural Bank and Bankware Asia executives shake hands during the signing of agreement between the 2 parties

calendar_today November 29, 2024 schedule 4 min read

Progressive Rural Bank partners with S. Korean firm to modernize rural banking in PH this 2024

Progressive Rural Bank Inc. (PRBI) has recently partnered with South Korea’s Bankware Asia and its local distributor, Ascend Data Management…

calendar_today November 28, 2024 schedule 4 min read

Security Bank reports 12% earnings growth, signals strengthening PH banking industry

by Jan Michael Carpo, Reporter Security Bank Corp. (Security Bank) has announced a robust 12% growth in net income, reaching…

UnionBank drives Filipinos toward the future of transportation with Tesla partnership, as shown here in this photo of a Tesla car

calendar_today November 27, 2024 schedule 4 min read

UnionBank drives Filipinos toward the future of transportation with Tesla partnership this 2024

The long wait is finally over! UnionBank is revolutionizing transportation in the Philippines by bringing Tesla’s iconic electric vehicles (EVs)…

BSP's head office in Manila (shown in this photo) makes history as the first government building to earn a prestigious "Green Award"

calendar_today November 25, 2024 schedule 5 min read

BSP makes history this 2024 as first government building to earn a prestigious “Green Award”

The Bangko Sentral ng Pilipinas Head Office (BSP-HO) in Manila has become the first existing government building in the Philippines…

calendar_today November 22, 2024 schedule 4 min read

BAP to drive launch of enhanced PESO IRS market, opens it to the public starting Nov. 18

The Bankers Association of the Philippines (BAP) has officially opened the enhanced PESO Interest Rate Swap (PESO IRS) market to…

BSP Governor Remolona Jr. (in photo) leads the Ph delegation that attended the Annual IMF-WB Annual conference in the US

calendar_today November 20, 2024 schedule 4 min read

BSP participates in 2024 IMF–World Bank Group annual meetings in Washington, D.C., USA

Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. and Monetary Board Member Rosalia V. De Leon led the…

Category: Banking and Finance