Philippines
RCBC names Anthony Cariaso as deputy CEO
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.
Philippine banking assoc unveil new interest rate swap market
The central bank expects PESO IRS to boost transactions.
More tax perks could drive Philippine SMEs to go ‘green’
The Southeast Asian nation’s 1.1 million small businesses can be a target for green loans.
Philippine National Bank's net profit rises to $257.1m in 9M 2024
Earnings per share stood at $0.17.
Philippine banks launch PHPX stablecoin
It hopes to take advantage of the $9t global stablecoin transactions market.
Wise gains direct access to PH’s InstaPay and PhilPaSS Plus
This enables over 63% of all Wise transactions to be completed instantly, with an average fee of 0.62%.
Maya Philippines rolls out new international payment service
The service allows foreign customers to pay in their home currency
GoTyme, foodpanda launch flexible loans to MSMEs
The loans are offered to foodpanda's partner vendors.
PH cybercrime body, JuanHand ink MOA on combat fintech lending cybercrime
They will develop a data and information sharing mechanism.
Philippine banks to tighten lending standards in Q4: survey
Banks cite a deterioration in borrowers’ profiles and their profitability.
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Asian Banking & Finance Retail Banking Awards 2025 Winner: Kwong Wah Eric Fan of Shanghai Commercial Bank
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Electronic trading proves its strength in times of volatility