Philippines

Philippine central bank eases requirements on Islamic banking units

Relaxed capital, processing fees, amongst others, for IBUs. 
1 day ago

Philippine-based Asialink secures $75m loan from Standard Chartered

The $75m is set to provide fresh capital to MSMEs.
2 days ago

BPI posts $858.5m net income as revenues climb 13% in 9M 2025

The bank’s total assets reached $59.5b.
2 days ago

InstaPay, PESONet values surge 41% 9M 2025

The period also saw 2.89 billion transactions.
2 days ago

Over 1 in 3 Maya credit cardholders from deposit-backed black express card

The minimum express deposit serves as the basis for the customer’s credit limit.

Philippine credit confidence stalls amidst fraud worries

Borrowers view credit cards and personal loans as risky.

Philippine banks’ outstanding loans expand by 11.2% in August

Loans to non-residents narrowed its decline during the month.

BPI digital platforms unavailable on 4 October 2025

System integration will take place from 8AM to 6PM.

MoneyHero relocates Philippine office

About 24% of its unique users monthly are from the Philippines.

Philippine central bank to halt new digital bank license applications

Applicants have until 30 November 2025 to submit complete applications.

BSP probes bank accounts tied to flood control corruption

This comes after a department secretary filed an official request.

Philippine central bank limits daily cash withdrawals, transactions to $8,750

Transactions beyond that must be done through traceable channels like cheques, and online transfers.

Atome, Maya partner in $48m deal to expand lending

They will work together to extend flexible payment options to Filipinos.

Philippine cash remittances up 3% to $3.18b in July

Cumulative cash remittances for the January-July 2025 period is now at $19.93b.

Bank of Commerce PH upgrades system of 140 branches and ATMs

The Philippine bank teamed up with InfoSys and IBM to roll out the upgrade.