Philippines
Philippine banks’ loans up 11.1% in Nov 2024
Loans to residents grew faster whilst loans to non-residents slowed.
Philippine digital lending may exceed $1b in H2 2025
Digital lenders may make up 55.2% of the market share, says Digido.
BDO names Jeffrey Alejandro as chief audit executive and IAG head
He worked for ING Bank NV and Citibank NA previously.
UnionBank names Vivian Perez as financial risk and performance head
The appointment was effective 2 January 2025.
GoTyme Bank reaches 5 million users in 2024
The bank is aiming to reach 9 million customers by end-2025.
Fitch forecasts growth in Philippine Islamic finance sector
The government plans to incorporate sukuk in its 2025 financing mix.
Security Bank, FWD Philippines extend strategic partnership
The Philippines’ rising income per capita represents opportunities for expansion.
Principled AI key to transformation of financial services
Companies must be transparent and fair to maintain trust and mitigate reputational risks.
RCBC names Anthony Cariaso as deputy CEO
The Philippine bank announced a slew of leadership changes.
PH central bank completes proof-of-concept test for wholesale CBDC
Project Agila enabled banks to transfer funds during off-business hours.
Cross-border shopping, e-wallets to shape Philippine payments in 2025
Evolving security frameworks will also redefine the payments experience, says Visa.
BSP underscores PH's potential as investment destination for Islamic finance
This is thanks to the country's drive for financial inclusion and robust economy amongst others.
Philippine bank loans up 10.6% in October
Consumer loans grew by 23.6% in the same month.
MUFG Bank sells 25% stake in Home Credit PH for JPY26.5b
Security Bank, which is 20% MUFG-owned, is buying the HCPH stake.
GCash eyes 2025 IPO, looking to raise up to $1.5b
If successful, this is slated to be the biggest IPO in the Philippines.
Visa inks MOU with Thames International, PH city for MSME digital payments push
Baguio City has 19,874 micro enterprises.
Thought Leadership Centre
In Association with
Most Read
1. Franklin Templeton gets approval to launch first retail tokenised fund in Singapore 2. Vietnam’s finance sector faces digitalisation challenges despite eased regulation 3. UOB maintains profitability despite possible slower loan growth 4. Japan’s SMBC is buying a 20% stake in India’s Yes Bank 5. GXS Bank names Pei-Si Lai as group CEOResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
Nonbank lenders are now providing capital even to low-risk corporate clients.
Commentary
Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?
The Asian connection: China's path to sustainable growth