Philippines
MariBank Philippines transitions to a digital bank license
MariBank Philippines transitions to a digital bank license
It commenced operations as a digital bank on 18 July.
15 hours ago
PH central bank inks pact to share financial data in scam probes
It has safeguards to ensure that the info shared is only used for authorized purposes, the BSP said.
21 hours ago
BSP signs MOA to close FDI data gaps between bank and firm records
The BSP will compile official statistics using shared corporate-level information from the SEC.
1 day ago
Will free bank transfers accelerate digital payments?
The Philippine central bank expects lower costs to boost digital payments.
2 days ago
IFC puts $100m into UnionBank to fund MSMEs and green projects
UnionBank plans to grow and diversify its sustainability assets.
6 days ago
Philippine Business Bank names new COO
She is also appointed to the rank of executive vice president.
6 days ago
PH central bank and RCBC back LRT-2 digital fare test
Commuters can pay using cards, mobile wallets, QR codes, and even their social security cards.
6 days ago
BPI net income dips to $532.8m in H1 2026
It increased provisions by 84%, whilst operating expense are 13.8% higher.
BSP unveils AI rules for Philippine banks and vendors
It aims to guide FIs developing their own AI governance and risk management frameworks.
Atome Philippines secures $81.1m loan from AUB to expand PayLater card
Customers use the card for groceries, food, household items, and bills, the company said.
GoTyme surpasses 10 million users with retail ATM strategy
Customers can deposit and withdraw cash in 2,500 Robinsons retail stores in the Philippines.
Philippine bank loans rise 12.1% in May despite softer card and auto loans
Loans for manufacturing and trade activities rose during the month.
Metrobank cuts InstaPay and PESONet fees to zero
The BSP earlier directed local banks to bring interbank transfer fees closer to zero.
Philippine central bank welcomes banks' move to cut fund transfer fees
An earlier circular directed banks to bring interbank transfer fees to zero.
Philippine National Bank's property arm eyes PSE listing with no date set
PHC is undertaking the necessary documentation and preparatory steps for the listing.
Philippine central bank explores wholesale CBDC
Using it for financial securities transactions could reduce settlement risks, the BSP said.
QR Ph captures 55% as card payments lose ground: PayMongo
Interoperability lets merchants accept payments from banks and e wallets through one code.
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