Philippines
Philippine cash remittances up 3% to $3.18b in July
Philippine cash remittances up 3% to $3.18b in July
Cumulative cash remittances for the January-July 2025 period is now at $19.93b.
10 hours ago
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.
1 day ago
Philippine banks’ loans up 11.8% in July
This extends the growth in June, albeit at a slower pace, official data showed.
Philippine regulators propose enhancing NBFI monitoring framework
The council noted increasing interconnectedness of NBFIs with the financing system.
UnionBank of the Philippines rolls out pilot for easier retirement account opening
Users can now open PERA accounts using their bank or e-wallet data.
PH digital bank GoTyme expands free InstaPay transfers to 20 per month
After the 20th transfer, each transaction will cost PHP 9.
Cathay United Bank, RCBC to jointly promote Taiwan investments to the Philippines
CUB saw an increase in clients seeking advisory services for market entry in the PH.
Unbanked Filipinos narrow gap in credit perceptions: TransUnion
Fintech users showed the highest trust in credit products.
GCash launches tap to pay for 150 million Mastercard locations
The service uses Near Field Communications (NFC) technology.
Union Bank of the Philippines hires senior officers for compliance
A new relationship manager has also been appointed.
Philippine cash remittances up 3.7% to $2.99b in June
The US remained the top source of remittance to the Philippines.
Philippine central bank orders banks, e-wallets to remove in-app gambling access
The suspension will remain in place until a policy is finalised.
Palawan Group of Companies Marks 40th Anniversary, Continues Mission to Empower Filipinos
The celebration kicked off on August 5 with a spotlight on Palawan’s B2B arm.
Security Bank accelerates digital transformation with fresh apps
MSMEs are a key focus of the Philippine lender’s modernization efforts.
PH central bank names new deputy governor for financial supervisory
Lyn Javier succeeded Chuchi Fonacier, who retired on 1 August 2025.
PSBank’s net income at $37.85m in H1 on loan book growth
Core revenues rose 7%, and operating expenses declined by 2%.
Philippine Business Bank’s net income at $18.75m in H1 2025
The bank will continue to focus on the SME market as its core strategy.
Thought Leadership Centre
Most Read
1. BofA: Firms want cross-border payments without tech headaches 2. Top companies are looking for top talent — they’re looking for CTPs 3. ANZ to lay off 3,500 staff, reduce services contractors engagement 4. Citi’s new Singapore head is first local to hold the position in 50 years 5. GXS Bank expands SME lending after Validus acquisitionResource Center
Read Here
Advertise
Sign Up
Event News
Discover how interconnected data centres are enabling banks to accelerate innovation, strengthen compliance, and achieve sustainable growth.
Commentary
Electronic trading proves its strength in times of volatility
Navigating liquidity challenges for VCs in Asia Pacific
Show, don’t tell: Asian banks need to prove simplification works – here’s how