Philippines

The Philippines’ central bank calls for a 24/7 payment system

The Philippines’ central bank calls for a 24/7 payment system

A round-the-clock operation will enable real-time payment settlement and further economic activities.
2 days ago

UnionBank offers 0% installment plans in Ikea for credit card holders

For a minimum spend, cardholders can avail a 0% installment plan for 3 months.
6 days ago

Philippine banks’ profits up 4.1% to $3.35b in H1 2025

Assets rose thanks to stable domestic deposits, and strong liquidity and buffers.
6 days ago

GoTyme Bank reports 7.8 million users after three years

Customers can make deposits and withdrawals in 1,450 partner locations.

Metrobank hits record $635.77m earnings in 9M 2025

NPL ratio of 1.7% is lower than the 3.6% industry average, the bank said.

Philippine banks to maintain lending standards in Q4 2025

1 in 10 banks will tighten lending standards for business and household loans.

PH central bank warns of entity impersonating UNA Financing Corp

The legitimate business UNA said it is not connected to the entity.

UnionBank, INSEAD launch program for relationship managers

Selected UnionBank RMs have already undergone a two-day training.

BDO’s net income up 4% to $1.07b in 9M 2025

Deposits and loans grew during the period.

Philippine central bank expands relief measures for banks, borrowers after calamities

Banks will have access to relief measures during a specified period.

PDIC, Philippine central bank sign revised agreement to enhance bank oversight

The agency said this will give depositors “renewed assurance.”

PH financial sector targeted by Chinese-linked cyber group: report

The group relies on financial-themed phishing lures.

Philippine central bank eases requirements on Islamic banking units

Relaxed capital, processing fees, amongst others, for IBUs. 

InstaPay, PESONet values surge 41% 9M 2025

The period also saw 2.89 billion transactions.

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.