Business

BSP keeps interest rate at 6.5%

November 16, 2023
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) kept the overnight borrowing rate steady at 6.5 percent amid the slowdown in inflation in October and the stronger gross domestic product expansion in the third quarter. The BSP, however, remained hawkish, saying it might resume monetary policy tightening if needed to make sure inflation […]
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JuanHand, SeaBank team up to launch loan channeling financing in the Philippines

November 16, 2023
The rise of the financial technology (fintech) industry paved the way to easier financial access, addressing the need for financial inclusion. JuanHand, a leading online lending platform licensed by the Securities and Exchange Commission, continues to blaze the trail in serving millions of Filipinos who are credit-worthy yet underserved. WeFund Lending Corp., owner of the […]
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