Philippines
Philippine loan relief helps banks avoid NPL spike despite profit hit
Philippine loan relief helps banks avoid NPL spike despite profit hit
Credit losses remain elevated.
2 days ago
Philippines flags financial gaps as 48% lack emergency buffer
The majority claim financial awareness, yet many show a disconnect in capability.
2 days ago
ING's Philippine leaders advance AI strategy with sustainability focus
ING maintains a clear position that its AI strategy is grounded in responsibility and sustainability.
2 days ago
BSP offers loan relief measures to ease energy price pressures
The BSP also asked FIs to temporarily suspend online banking and e-money service fees and charges.
3 days ago
Philippine Business Bank’s net income rise to $31.7m in 2025 on higher interest income
PBB expects the operating environment to remain challenging in the coming months
3 days ago
The Philippines and UAE move to connect instant payment systems
They also floated plans to connect card switches and messaging systems in the future.
4 days ago
DBP with ‘stable’ outlook on expected healthy PH economic growth: S&P
It is “almost certain” to receive support from the government if needed.
Union Bank of the Philippines revises credit card rewards scheme
Select credit cards earn 1 point for every PHP150 spent, from 1 per PHP60 previously.
Foreign owners scale digital credit via Philippine rural banks
Digital lending models are stretching the rural banking mandate.
Philippines cash holds 42% of POS payments despite e-wallet rise
GCash reached nearly 3 in 4 consumers and linked 94 million users to 6 million merchants.
Philippine bank lending accelerates to 9.5% growth in February
Loans for residents and business activities expanded during the month.
Ana Aboitiz Delgado becomes first woman to lead Philippines' bankers association
The UnionBank CEO and President assumes leadership as banks navigate AI and digital shift.
SMBC poaches BDO veteran to lead Philippine Corporate Banking
Maria Angelica Balangue brings 20 years of capital markets experience as she leads SMBC Manila.
Business loans growth slows to 8.2% as nonresident credit falls
Philippines loans decelerate amidst 10.4% nonresident decline.
PH insurers must prioritise simplicity to expand coverage: executives
Embedding insurance into everyday transactions can also improve affordability.
Execution over strategy: The new differentiator for insurance leaders
AI won't replace your advisor, but an advisor with AI will, Sun Life said.
Better protection for vulnerable groups could boost PH insurer trust: AXA
Insurers can draw from guidance used in other jurisdictions.
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