Philippines
CIMB's digital bank in the Philippines hits 500,000-customer milestone
The two are planning to expand their suite of financial services.
CIMB's digital bank in the Philippines hits 500,000-customer milestone
The two are planning to expand their suite of financial services.
Simple is smart: Here's how UnionBank tied up smart banking with innovative rebranding
Its new logo is part of its attempt to pursue a brand with an iteration of ‘Power the Future of Banking’.
Philippine banks' half-year profits up 26% to $2.11b
Net interest income hit $8.24b and non-interest income rose to $1.69b.
Philippines' Security Bank sells 50% stake in consumer finance business to Thailand's Krungsri
The two lenders will jointly explore collaboration in personal and motorcycle loans.
Deutsche Bank names Michael Chua to lead Philippine branch
Deutsche Bank has named chief country officer Michael Chua to lead its Manila branch. In this role, he will spearhead a team to deliver corporate banking solutions for international and local clients doing business in the Philippines.
Can Philippine banks ride out the bad loan wave?
Systemwide non-performing loans rose sharply by 22.5% in January.
Chart of the Week: Philippine banks' loan growth to slow to 11% in 2019
Lending growth fell to an eight-year low in May.
Union Bank of the Philippines teamed up with OCBC to pilot blockchain-based remittance
The move aims to boost financial inclusion in the country.
UnionBank's UBX Philippines ties up with Ping An to build blockchain-enabled platform for MSMEs
It will cover various services such as multi-channel loan applications, credit assessment, and loan disbursements.
Philippine banks boost tech in push for financial inclusion
Lenders are offering digital loans for farmers, a 10-minute paperless account opening process, and money transfers through mobile numbers.
Philippine banks conquer mounting bad loan risk
Corporates, which account for 76% of loans, have strong debt-servicing abilities.
Citi and Grab tie up to launch credit card
It is available in the Philippines and will be launched in Thailand later.
ING unveils digital bank in the Philippines
It offers 2.5% interest rate on savings.
Philippine banks' profits surge 28% in Q1
Strong gains from trading and lending pushed up earnings.
P2P lender Blend PH targets nearly $20m portfolio by 2021 in financial inclusion push
The platform has attracted millennials, housewives, and overseas workers that have been investing as low as $96 at 8-30% per annum.
Philippine banks tighten credit standards in Q1
SMEs, corporates and households saw tighter credit access.
BancNet taps Mastercard and Vocalink to enhance payments technology in the Philippines
The use of Vocalink will extend InstaPay’s reach to include government and commercial payments.
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1. Why tech is not the focal point of banks’ digital transformations 2. OCBC remains stable amidst strong credit fundamentals: Moody's 3. UOB to maintain good asset quality amidst profitability dip 4. DBS CEO Piyush Gupta sells S$2.69m bank shares 5. DBS achieves record-high Q1 profit of S$2.96bAwards
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