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Bangko Sentral Ng Pilipinas (BSP) Adjusts Interest Rate Ceiling On Credit Card Transactions1/22/2023 The Monetary Board decided to adjust the ceilings on credit card transactions by increasing the maximum interest rate or finance charge imposed on a cardholder’s unpaid outstanding credit card balance by 100 basis points (bps) or from 2 percent to 3.0 percent per month.
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Pag-IBIG Fund Releases Record-High P118B Home Loans In 2022: Over 100,000 Members With New Homes1/20/2023 Pag-IBIG Fund released a record-high P117.85 billion in home loans to finance the housing units of 105,212 members in 2022, its top officials announced January 18 (Wednesday).
The Social Security System (SSS) said today it has started implementing the provisions of the Republic Act of RA 11199 or the Social Security Act of 2018, which mandated a contribution hike to ensure the financial viability of the state pension fund for private sector workers.
On November 29, education tech (edtech) solutions provider Anthology partnered up with the U.S. Embassy in Manila for a Higher Education Leadership Forum in Grand Hyatt Manila, Bonifacio Global City, Taguig.
Last year, the Bangko Sentral ng Pilipinas (BSP) and the Philippine Payments Management, Inc. (PPMI) successfully launched the "Bills Pay PH."
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