Philippines
How Philippines' cash management services transformed and thrived in the pandemic
Big businesses are pushing MSMEs to take up digital banking, says Carlo Nazareno, head of cash management at BDO.
How Philippines' cash management services transformed and thrived in the pandemic
Big businesses are pushing MSMEs to take up digital banking, says Carlo Nazareno, head of cash management at BDO.
Jollibee opens ninth store in Toronto
The Centerpoint Mall location also brings Jollibee's Canada footprint to 17 stores in total.
Philippine banks' credit weakness to persist throughout 2021
Non-performing assets ratio is expected to rise to 5.5%-6% by the end of the year.
Philippine banks to offload bad loans via asset management firms
They will be granted tax incentives to cover transferring costs.
Philippine banks' COVID-19 rebound faster than in 1997 crisis: banking group
Local lenders may rebound in three to four years.
Philippine banks remain firm, but headwinds loom: Fitch
Weak local consumption and high credit impairment are fanning the fire.
Philippine banking system edges closer to a digital revolution
The market has qualities favorable for virtual banks to thrive.
Jefferies, Regis Partners team up for Philippine cash equities business
Jefferies will distribute equity research on local-based companies to its client base globally.
GoBear, UnionBank float LaaS service in the Philippines
They will offer e-commerce loans on Lazada via GoBear's eShopaLoan.
Non-bank lending to flourish in Asia as incomes diminish
More than two-thirds have prepared for active borrowing.
Mastercard partners with upcoming Philippine digital-only bank tonik
The lender plans to launch with loan offerings and retail banking services in Q3.
How BPI fused heritage and future in revamped Makati branch
This is the bank’s first branch to have an interactive screen.
Robocash kicks off pre-IPO for Philippine neobank
The group plans to launch an IPO for Una Bank in December.
ADB inks $200m loan to improve Nepal's power supply
It will fund the reinforcement of Kathmandu Valley’s supply system.
GoBear allies with Mambu, CredoLab for short-term lending business
GoBear’s lending architecture will expand to the Philippines this year.
Philippine central bank slashes policy rate again by 50bp
It has already reduced the rate by a total of 125bp.
Philippine banking system faces $13.8b in impairment losses
A severe stress scenario in the weak real estate sector will drive up NPL ratios.
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