Philippines

GoTyme Bank reaches 5 million users in 2024

GoTyme Bank reaches 5 million users in 2024

The bank is aiming to reach 9 million customers by end-2025.
9 hours ago

Fitch forecasts growth in Philippine Islamic finance sector

The government plans to incorporate sukuk in its 2025 financing mix. 
1 day ago

Security Bank, FWD Philippines extend strategic partnership

The Philippines’ rising income per capita represents opportunities for expansion.

Principled AI key to transformation of financial services

Companies must be transparent and fair to maintain trust and mitigate reputational risks.

RCBC names Anthony Cariaso as deputy CEO

The Philippine bank announced a slew of leadership changes.

PH central bank completes proof-of-concept test for wholesale CBDC

Project Agila enabled banks to transfer funds during off-business hours.

Cross-border shopping, e-wallets to shape Philippine payments in 2025

Evolving security frameworks will also redefine the payments experience, says Visa.

BSP underscores PH's potential as investment destination for Islamic finance

This is thanks to the country's drive for financial inclusion and robust economy amongst others.

Philippine bank loans up 10.6% in October

Consumer loans grew by 23.6% in the same month.

MUFG Bank sells 25% stake in Home Credit PH for JPY26.5b

Security Bank, which is 20% MUFG-owned, is buying the HCPH stake.

GCash eyes 2025 IPO, looking to raise up to $1.5b

If successful, this is slated to be the biggest IPO in the Philippines.

Philippine banking assoc unveil new interest rate swap market

The central bank expects PESO IRS to boost transactions.

More tax perks could drive Philippine SMEs to go ‘green’

The Southeast Asian nation’s 1.1 million small businesses can be a target for green loans. 

Philippine banks launch PHPX stablecoin

It hopes to take advantage of the $9t global stablecoin transactions market.

Wise gains direct access to PH’s InstaPay and PhilPaSS Plus

This enables over 63% of all Wise transactions to be completed instantly, with an average fee of 0.62%.