Philippines

Unbanked Filipinos narrow gap in credit perceptions: TransUnion

Fintech users showed the highest trust in credit products.

GCash launches tap to pay for 150 million Mastercard locations

The service uses Near Field Communications (NFC) technology.

Union Bank of the Philippines hires senior officers for compliance

A new relationship manager has also been appointed.

Philippine cash remittances up 3.7% to $2.99b in June

The US remained the top source of remittance to the Philippines.

Philippine central bank orders banks, e-wallets to remove in-app gambling access

The suspension will remain in place until a policy is finalised.

Palawan Group of Companies Marks 40th Anniversary, Continues Mission to Empower Filipinos

The celebration kicked off on August 5 with a spotlight on Palawan’s B2B arm.

Security Bank accelerates digital transformation with fresh apps

MSMEs are a key focus of the Philippine lender’s modernization efforts.

PH central bank names new deputy governor for financial supervisory

Lyn Javier succeeded Chuchi Fonacier, who retired on 1 August 2025.

PSBank’s net income at $37.85m in H1 on loan book growth

Core revenues rose 7%, and operating expenses declined by 2%.

Philippine Business Bank’s net income at $18.75m in H1 2025

The bank will continue to focus on the SME market as its core strategy.

Philippine central bank eyes new rules to tackle online gambling

It will include daily limits to gambling-related transfers and time-based restrictions.

Security Bank taps employee stories to boost loyalty

The Philippine lender’s #YouMatter campaign aims to humanize the brand.

RCBC, Visa launch real time payments and money transfer platform in the Philippines

Visa Direct reaches 8.5 billion endpoints in over 190 countries and territories.

BDO Unibank’s earnings trimmed on higher opex and provisions

The bank’s opex rose 14% in Q2, whilst impairment loss provisions climbed 38%.

Security Bank establishes wealth segment, announces new CFO

New CFO Allen Reyes previously worked at Singlife and Deutsche Bank.

Chinabank’s net income up 14% to $222.83m in H1 2025

Both net interest income and net interest margin rose during the period.