Philippines

UnionBank of the Philippines taps on FIS to digitise commercial lending arm

FIS will also enhance third-party data analytics through open API usage.

Growing property exposure pose risks to Philippine banks

CAGR of real estate loans stand at 22% from 2012-2017 versus overall loan growth at 17%.

Philippine banks' loan growth up 16.4% to $171.93b in 2017

Asset expansion clocked in at a healthy $293.63b.

BDO Unibank profits remain flat at $113.51m in Q1

The bank was hit by PHP1b in trading losses and 19bp increase in average funding costs.

Philippine banks go digital with launch of electronic fund transfer service

InstaPay enables transactions of up to PHP50,000 per day.

Credit Suisse gets go-signal for Philippine wealth management business

It has received a license from the country’s regulator and central bank.

How can Philippine banks fully shed off bad loans?

NPLs hit $3.2b as of September 2017 with NPL ratio at a stable 1.9%.

BPI targets growing its SME and retail arm

It aims to double its $1.63b in SME loans in three years.

Higher operating costs loom over Philippine banks in 2018

Investments in necessary IT infrastructure are setting local banks back.

Philippine banks on alert following Malaysian cyberattack

The central bank cautioned local banks especially during the long holiday.

A new perspective: Do banks need to be an IT company with a banking franchise?

Evolving developments in the sector are forcing banks to rethink their strategies.

Retail Banking Forum 2018 kicks off in Manila with around 90 attendees

Key executives from the country's major banks graced the event.

LANDBANK's Alex Buenaventura to join the 2018 Retail Banking Forum in Manila as a panelist

He will share his insights on emerging technologies and the pressure on banks.

Chun Man Hui of Software AG to speak at the 2018 Retail Banking Forum in Manila

His presentation will cover the significance of open banking.