Philippines
Non-bank lending to flourish in Asia as incomes diminish
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.
Missing Wirecard money not in the Philippine banking system
Lenders BDO and BPI have denied their involvement in the scandal.
Philippine banks have solid defences against COVID-led risks: analysis
The resilience of large corporates is key to quelling credit losses.
ADB, UN ESCAP boost partnership amidst pandemic
The two organisations will work together to address COVID-caused issues in Asia.
Grab pilots GrabPay Card in the Philippines
It comes with a digital version within the Grab app.
Former MAS chief data officer is UnionBank's new senior adviser for data and AI
David Hardoon led the development of AI strategy for MAS and Singapore’s financial sector.
Philippine banks' credit losses to rise threefold in 2020
Credit costs in select banks have already increased by up to 4.9%.
UnionBank bolsters digital tools amidst Philippine lockdown
It recorded a 160% surge in online banking sign-ups in March.
Chart of the Week: Philippines may cut policy rate further by 50bps in Q2
A further 200bps cut may happen in 2020 if the pandemic extends beyond June.
Philippine banks' asset quality face decay amidst region-wide lockdown
The monetary board’s 50bp policy cut will put additional pressure on NIMs.
Thought Leadership Centre
In Association with
Most Read
1. Tighter fintech watch likely after Chocolate Finance fallout 2. Singapore banks’ dividends to weather economic and global trade woes 3. UOB widens sustainable financing access for SMEs 4. YouTrip launches MYR wallet and offers free weekend shuttle service 5. Revolut rolls out five new currencies including Chinese YuanResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
Commentary
Why high capital levels are a double-edged sword for Singapore banks