Monday, August 17, 2026
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Bank of the Philippine Islands to manage Social Security System funds

Bank of the Philippine Islands (BPI) has been awarded the management of PhP3 Billion worth of Social Security System (SSS) funds. SSS awarded BPI Asset Management and Trust Corporation (AMTC) the funds to manage for the government’s social insurance program. SSS handles the protection of the country’s private sector workers and their families from the […]

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Standard & Poor’s raises Philippines’ credit rating due to strong economy

Standard & Poor’s Global Ratings again raised the Philippines’ credit rating to BBB+, two notches above the minimum investment grade appraised by the major international debt watcher based in New York. The Philippines was cited for its strong economy marked by low public indebtedness, solid government fiscal accounts, and sound external environment. In 2018 S&P […]

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