BPI expands activities, adopts sustainability principles

Bank of the Philippine Islands (BPI) led by bankero TG Limcaoco has expanded its treasury activities under its global markets segment by adopting sustainability principles in its asset-liability management investment process.

Soured loans of banks post 2-digit decline

Philippine banks booked a 10.5 percent decline in soured loans to P429.11 billion in May from P479.48 billion in the same month last year as the economy further reopens from the strict COVID-19 lockdowns, according to the Bangko Sentral ng Pilipinas (BSP).

No new coin series – BSP

​The Bangko Sentral ng Pilipinas (BSP) informs the public that it has not released a new Philippine coin series.