Philippines
How Philippines’ cash management services thrived amongst MSMEs amidst the crisis
How Philippines’ cash management services thrived amongst MSMEs amidst the crisis
BDO, Security Bank, and BPI on how the pandemic changed Philippines' cash management services industry.
Philippines’ oldest bank eyes takeover of Citi’s local retail business
Newly appointed President TG Limcaoco said that BPI has sufficient capital to fund it.
Security Bank, MUFG inks deal for expanded cash management access
MUFG’s corporate clients will be able to access Security Bank’s cash management system DigiBanker.
Landbank subsidiary claims Philippines’ first digital banking license
OFBank first began operating in June 2020 as a dedicated thrift bank.
Long way ahead for the Philippines’ digital banking hopes
Infrastructure and consumer issues remain, even with the framework laid out.
Philippine card payments to grown 15.4% in 2021
The revival of economic conditions and vaccine distribution will spur card spending.
Tonik launches neobank in the Philippines
It offers up to 6% interest rate per annum.
Tonik launches Philippines’ first official neobank
It offers up to 6% interest rate per annum.
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.
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
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