Personal Development, Business, Finance, and Investing for Everyone
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The Bangko Sentral ng Pilipinas (BSP) commemorates World Wildlife Day by highlighting the role of Filipinos as stewards of the country’s natural resources. This message is reflected in the First Philippine Polymer Banknote Series.
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Pag-IBIG Fund declared the highest dividend payout in its 45-year history, announcing P64.34 billion in dividends for 2025. The Regular Savings dividend rate rose to 6.62%, while the Modified Pag-IBIG 2 (MP2) Savings rate climbed to 7.12%, reflecting the agency’s solid financial position and strong operational performance.
The Bangko Sentral ng Pilipinas (BSP) raised the threshold for cash withdrawals that would trigger enhanced due diligence (EDD). This is designed to focus on higher-risk activity while streamlining the process for legitimate and normal cash transactions, including recurring ones.
The Securities and Exchange Commission (SEC) warns the public against fraudulent activities involving the creation of eSECURE accounts.
PDIC expresses support for Senate bill to strengthen the Philippine deposit insurance system2/21/2026 The Philippine Deposit Insurance Corporation (PDIC) supports Senate Bill No. 1667, which was recently filed by Senate President Vicente C. Sotto III. Said Bill seeks to amend Republic Act No. 3591, or the PDIC Charter, to strengthen the state deposit insurer’s institutional capacities to fulfill its mandates of depositor protection and promotion of financial stability.
PDIC simplifies, indefinitely extends loan incentive program to benefit more closed bank borrowers2/21/2026 The Philippine Deposit Insurance Corporation (PDIC) has announced the indefinite continuation and simplification of its Closed Bank Loan Incentive Program (CLIP) which is now CLIP 4.0, a move aimed at delivering faster, clearer, and more accessible relief to borrowers of closed banks starting January 1, 2026.
State deposit insurer Philippine Deposit Insurance Corporation (PDIC) promptly paid P106.9 million in deposit insurance claims in 2025, delivering timely relief to depositors of two banks ordered closed by the Monetary Board of the Bangko Sentral ng Pilipinas (BSP) during the year.
Insurance Industry Reinforces Critical Role in Protecting Filipino Families and Businesses in 20252/17/2026 Year-end data from the Insurance Commission shows that the life insurance industry paid out P121.88 billion in benefits, while the non-life insurance industry paid out P34.05 billion, underscoring the industry's growing importance as a financial safety net amid economic uncertainties.
The Cybercrime Investigation and Coordinating Center (CICC) is issuing an urgent warning to the public regarding a sophisticated spoofing scheme targeting users of the eGov PH mobile application. The alert follows a viral report of a “calling modus” that resulted in a victim losing more than P100,000 in savings.
Pag-IBIG Fund members collectively saved a record P160.41 billion in 2025, marking a 21% increase from the previous year and the highest amount ever recorded in the agency’s history.
The Republic of the Philippines (the "Republic") successfully priced its USD 5.5-year, 10-year, and 25-year SEC-registered Fixed Rate Global Bonds (the “Global Bonds”) equivalent to USD 2.75 billion, its largest USD deal in over three years. The transaction marks the Republic’s re-entry to the global markets for the first time this 2026, following the successful USD 2.25 billion and EUR 1 billion issuance in January 2025, and USD 2.5 billion triple-tranche bond offering in August 2024.
The Republic of the Philippines (the "Republic") announced the launch of a triple-tranche offering of US Dollar-denominated SEC-registered Fixed Rate Securities (the “Global Bonds”) consisting of 5.5-year, 10-year, and 25-year tranches.
The Bangko Sentral ng Pilipinas (BSP) warns the public anew that its offices and personnel do not conduct or facilitate personal financial transactions.
The Philippine Stock Exchange, Inc. (“PSE” or “Exchange”) received reports from investors and PSE-accredited Trading Participants (TP) about fraudulent investment schemes that use the name and logo of the Exchange and TPs in letters to investors and in messaging app accounts. Scammers have also been assuming the identities of PSE and TP officers and employees by using their names and signatures in documents.
The Bangko Sentral ng Pilipinas (BSP) urges the public to stay vigilant against fraudulent activities offering financial products and services that misuse the name of the BSP or its officials.
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