Philippines
Mynt IPO could raise $1.5b for GCash parent
Mynt IPO could raise $1.5b for GCash parent
The final price will be set later through a book building process.
8 hours ago
Philippine-based BPI to waive interbank transfer fees from 1 July
Transfers to banks and e-wallets will no longer cost $0.16 to $0.82.
9 hours ago
Filipino borrowers halve since 2021 as debt aversion grows
Formal credit overtakes informal lending as seven in 10 Filipinos call loans a bad idea.
16 hours ago
Philippine central bank revises payments framework to protect consumers
Banks and e-wallets must justify charges under the updated rules.
1 day ago
Philippine banks’ loan repayments slash foreign capital inflows
Financial account net inflows fell to $2.4b from $7.4b in the prior year.
1 day ago
PNB, JCB card debuts as Japan travel demand grows
Cardholders can access selected overseas airport lounges and multilingual travel assistance.
1 day ago
Capital relief may push Philippine banks toward excessive risk: analyst
BSP sees rates on a higher for longer path with further tightening likely, said CreditSights.
6 days ago
BSP lets Philippine banks exclude paper losses from capital ratios
The measure is in effect until December 2026.
BSP raises salary loan repayment cap to seven years
The seven years is the maximum tenor and not a fixed loan term.
BDO tops Philippine brands for third straight year at $3.5b
BPI’s brand value grew 37%, whilst AUB is the country’s fastest growing brand.
GCash operator Mynt gets approval to file for IPO
It will be equivalent to 12% of Mynt’s outstanding common shares post-IPO.
Chubb Philippines embeds cover in UnionDigital Bank app
Eligible loan borrowers receive protection for 3 months at no added cost.
Philippine account ownership sinks as microfinance access weakens
E-money wallets stayed at 36% whilst bank access held at 23%.
UnionBank hits 2 million credit cards in circulation
It also claims the highest Visa credit payment volume among Philippine banks in 2025.
Philippine SMEs can issue virtual prepaid cards in five minutes
Paymongo provides the service whilst Paymentology and Mastercard provide the licensed framework.
How exposed are Philippine banks to Iran war?
Debt in oil-sensitive sectors could spill into the banking system.
Philippine banks dodge Middle East risk but corporate debt is the backdoor
Foreign reserves and prudent FX intervention serve as important buffers, BSP said.
Commentary
Asia is leading payments modernisation and banks can't afford to fall behind
Investing in an inefficient market
Platinum cards, paper-thin compliance?
Energy price volatility highlights structural gaps for managing FX risk in APAC
Asia’s electronic markets reach an inflection point of transformation
Tokenisation in the Philippines: The consumer is ready, but is the infrastructure?
Asian firms need to get ready for digital assets and currencies
AI can build your plan, but can it hold you to it?