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Finance Secretary Frederick D. Go congratulated the Insurance Commission (IC) on its strong performance in 2025 with total insurance premiums topping P500 billion for the first time in history, signaling that more Filipino families and businesses are taking steps to protect themselves against life’s uncertainties.
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The Financial Stability Coordination Council (FSCC) reaffirmed the strength of the Philippine financial system. At the same time, it continues to monitor concentration risks.
The Pag-IBIG Fund has reached a historic milestone as its Loyalty Card Plus program officially surpassed P1 billion in total discounts granted to its members. This achievement comes as the agency successfully expanded its network to 507 partner establishments nationwide, providing Filipino workers with tangible relief against the rising costs of living.
The Philippine Deposit Insurance Corporation (PDIC) has formally advised all banks that the new PDIC decals and standees must be prominently displayed in all head offices and branches nationwide beginning April 15, 2026, a directive that reinforces banks’ continuing responsibility to clearly inform depositors of the protection afforded to their hard-earned savings under the national deposit insurance system.
The Philippine Deposit Insurance Corporation (PDIC) warns the public against a scam involving a document with a subject, “Formal Notice of Compliance Requirement and Fund Protection Measures” using the PDIC Seal as its letterhead and bearing the fake signature of the PDIC President.
Filipinos now have more convenient options for opening a Personal Equity and Retirement Account (PERA) under the “Open Finance for PERA Pilot” project of the Bangko Sentral ng Pilipinas (BSP).
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.
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.
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