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September 24, 2023

GCash, Malayan Insurance, and Igloo enhance partnership for convenient access to insurance products

GCash, in collaboration with Malayan Insurance and Igloo, solidified their partnership through a memorandum of understanding (MOU) signing event held recently in Binondo, Manila.

This partnership aims to provide Filipinos with convenient access to relevant insurance products using cashless technology, ensuring secure and hassle-free transactions.

The partnership is also expected to provide promising opportunities for the insurance industry.

The signing event showcased key representatives from each company, including Alfie Paulino, Malayan Insurance’s Head of Business Development Affinity Marketing Group, Winsley Bangit, GCash’s VP for New Businesses, Anthony Louis Guanzon, Malayan Insurance’s Chief Marketing Officer, and Jose Arceo, Igloo’s Head of Placement.


Three rural banks merge to enhance financial stability

Three rural banks have successfully merged in a move aimed at bolstering their financial stability, as confirmed by the Bangko Sentral ng Pilipinas (BSP). The merger officially took effect on July 13, following the necessary regulatory approvals, as detailed in a circular letter signed by Bankero and BSP Deputy Governor Chuchi G. Fonacier on September 15.

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