Philippines

CIMB Philippines triples revenue, doubles loan portfolio in H1

The digital-only bank now has 7.13 million customers in total.
5 days ago

CIMB Philippines triples revenue, doubles loan portfolio in H1

The digital-only bank now has 7.13 million customers in total.
5 days ago

BPI’s first half earnings leaps one-fourth from last year’s

It reached a consolidated net earnings of P25.3b during the period.

Alipay+ touches down in the Philippines revealing three new mobile wallets

It will be made available to merchants in Manila and Cebu.

Atome Financial, HSBC extend collaboration to support Philippine market

The partnership also plans to boost new consumer financing products.

RCBC net profit up 1.38% to $109.55m in H1

Earnings per share is PHP5.63 for the period.

BPI net income up 23% to $461.09m

Net interest income rose 27% but non-interest income fell.

AUB Philippines chairman title goes to Jonathan Ng

Ng will succeed Abraham T. Co, who has been elected as Vice Chairman.

TG Limcaoco on how 170-year-old BPI is reinventing itself in the digital era

For BPI, reinvention and innovation are the key ingredients to how it remains one of the Philippines’ biggest banks since its establishment over 170 years ago.

UnionDigital Bank bags $16m more in capital

It will be utilised to grow its digital loan offerings.

How Mocasa is supercharging the Philippines' credit payments market

The credit payment service company is also developing a data-driven central credit bureau.

Asian Banking & Finance Forum arrives in Manila in October

The event offers a platform for knowledge exchange, fostering innovation and collaboration across the industry.

Bank of the Philippine Islands relocates main office temporarily

This is in view of the temporary relocation and consolidation of its three leased offices.

Philippine digital bank Tonik hits 1 million customers

It furthers the bank toward its goal of financial inclusion in the country.

Less Filipinos fall short of meeting credit card payments

The delinquency rate has been falling since the COVID-19 pandemic started.

Filipino Q1 credit card spending jumps nearly half from previous year

This was the highest recorded amount since the start of the COVID-19 pandemic in 2020.