Philippines

Philippine central bank eyes new rules to tackle online gambling

Philippine central bank eyes new rules to tackle online gambling

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

Security Bank taps employee stories to boost loyalty

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

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.
4 days ago

BDO Unibank’s earnings trimmed on higher opex and provisions

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

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.

BDO Unibank’s net income up 3% to $708.66m in H1

Net interest income and non-interest income both grew during the period.

UnionBank onboards 50,000 credit card and personal loan accounts monthly

The bank has reduced its onboarding time to 5–15 minutes.

The Philippines unveil tap-to-pay fare system in metro line

Commuters can now pay train fares in MRT-3 stations with their credit or debit card.

BPI’s revenue up by 14% YoY to $1.6b in H1

It was driven by the 16.2% increase in net interest income.

GoTyme Bank reaches $525.7m in deposits, expands into the SM Store

By Q3 2025, it will have kiosks in over 70 locations of the department store.

UnionBank opens new branch in Cebu City’s Aboitiz Corporate Center

This is the Philippine bank’s 200th branch in the region.

Singlife Philippines reaps accolades at Asian Banking & Finance Fintech Awards 2025

The company bagged the Customer Experience Solution Award - Philippines, Mobile App Award - Philippines, and New FinTech Product Award - Philippines categories.

Top Philippine banks’ strong capitalisation, liquidity a buffer for macro risks

Provisioning costs are expected to remain elevated as they expand their consumer loan books.

PBCOM appoints new treasury trading team head

Justin Labadan will begin in his new role on 1 July 2025.