Philippines
UnionBank's Ana Delgado shares the secret to delivering superb customer experience
Learning, unlearning and relearning at a time of disruption is key.
UnionBank's Ana Delgado shares the secret to delivering superb customer experience
Learning, unlearning and relearning at a time of disruption is key.
Metrobank's 6.3% three-year bonds oversubscribed at $340m
Its initial target was at $190m.
Philippine banks eye launch of digital ID registry in 2019
The registry will use blockchain technology for transactions and client identity.
Philippine customers trust banks more than government with their data: survey
Around 42% trust banks the most compared to 21% who trust the government.
Soured debt outpaces growth of Philippine bank loans in 2018
Bad loans grew 16.17% even as total loans rose 13.6%.
RCBC files $2.47m defamation suit vs Bank of Bangladesh after massive cyberheist
RCBC thinks that the Bangladesh Bank should pay them at least $1.90m in damages and another $570,000 to its senior VP for similar damages.
Credit Suisse names Josephine Yap as head of Philippine representative office
She previously headed private wealth countryside at Metropolitan Bank and Trust Company.
Philippine budget secretary Benjamin Diokno named as new central bank governor
He will be serving the remainder of Espenilla’s six-year term which will end by 2023.
Philippine banks' loan growth cools down to 15.7% in January
Household loan growth slowed to 12.7% in January from 13.6% the previous month.
UnionBank of the Philippines' thrift unit completes merger with PR Savings Bank
The move will accelerate UnionBank's push into the motorcycle financing market.
Philippine banks' 2018 earnings up 6.4% to $3.45b
Big banks recorded a 9.3% profit increase to $3.09b.
Philippine central bank governor Nestor Espenilla Jr. passes away at 60
He spearheaded the digitalisation of the retail payment system in the country.
The Philippines greenlights bank merger
AllBank will absorb the assets and liabilities of Rural Bank of Plaridel.
Philippine rural banks call to stop shrinking industry
Around 139 rural lenders have shut down operations since 2009.
Philippine banks embrace real-time electronic fund transfer system
Both Instapay and Pesonet have seen banks grow to 47 and 42 respectively.
Philippine banks agree on $410m debt-equity swap to save troubled Hanjin
The five creditors have agreed to swap debt for shares in the parent firm.
Bad loans threaten Philippine banks amidst steep interest rates
Soured assets held by Philippine banks hit $430m in November 2018.