BSP maintains ceilings on credit card transactions

The Monetary Board maintained the credit card ceilings on credit card transactions under Circular No. 1098 dated 24 September 2020. 

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Compulsory use of payment reference numbers for short-term SSS loan payments starts April 1

Computer-generated payment reference numbers (PRNs) will be required for short-term loan payments starting April 1, 2021, state fund Social Security

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SSS issues guidelines on calamity assistance for members and pensioners affected by Quinta, Rolly, Ulysses

The Social Security System (SSS) announced that it would provide a calamity assistance package for its members and pensioners in

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SSS to provide calamity assistance to members, pensioners in typhoon-hit areas starting November 27

The Social Security System (SSS) will open an assistance package, starting 27 November 2020, for its members and pensioners in

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P42.3-B credit guarantees available for pandemic-hit MSMEs

The Philippine Guarantee Corp. (PhilGuarantee) has made available P42.3 billion in credit guarantee facilities for pandemic-hit micro, small and medium

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Landbank grants 60-day timeout on loan payments

To continue helping clients cope with the impact of the COVID-19 pandemic, the Land Bank of the Philippines (LANDBANK) is

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SEC urges capping of consumer and payday loan interest rates

The Securities and Exchange Commission (SEC) has hailed the central bank’s move to cap charges on credit card transactions, raising

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LANDBANK unveils new ‘i-STUDY’ educational loan program

Families in need of financial assistance to be able to continue sending their students to school amid the coronavirus-induced economic

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BSP reduces reserve requirements of thrift banks and rural and cooperative banks

Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno announced a 100-basis-point reduction in the reserve requirements of thrift banks (TBs)

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Landbank offers direct ‘study-now-pay-later’ loan program for students

Parents and guardians/benefactors of students enrolled for the upcoming school year can now directly avail of loans up to P300,000

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