WebClick Tracer

September 22, 2023

BAP endorses BSP’s push for vibrant market with reliable yield curve

The Bankers Association of the Philippines (BAP) fully supports the Bangko Sentral ng Pilipinas’ (BSP) efforts to establish a dependable yield curve based on actively traded securities.

The BAP cited the need to develop a stronger securities market and the importance of these securities in pricing various bank products.

It has also vowed to ensure compliance with international standards and to collaborate with regulators for smooth implementation.

BAP said the goal is to foster high-volume transactions and enhance market efficiency.


UnionBank gets BSP nod, becomes first and only PH universal bank to offer mobile crypto trading

Proving its status anew as an industry trailblazer, Union Bank of the Philippines (UnionBank) recently achieved another first in the industry after securing a Certificate of Authority from the Bangko Sentral ng Pilipinas (BSP) to operate as a virtual asset service provider (VASP), making it the first and only universal bank in the Philippines to offer virtual asset exchange services.

Read More ...

Maya sweeps banking awards

Fintech firm Maya, a pioneer in digital banking in the Philippines, secures three prestigious awards, including Virtual Bank of the Year, reflecting its commitment to financial inclusion and innovation in the digital banking sector.

Read More ...

HSBC Philippines CEO Sses bright future for the country

Sandeep Uppal, President and CEO of HSBC Philippines, sees a bright future for the country, citing its welcoming nature, rich history, and potential in sustainable finance and renewable energy investments, while emphasizing the importance of work-life balance and long-term career planning.

Read More ...