Philippines
How GCash cornered the Philippines' ‘sachet’ economy
The app has over 66 million users in a country of more than 111 million.
How GCash cornered the Philippines' ‘sachet’ economy
The app has over 66 million users in a country of more than 111 million.
Philippine banks’ bad loans ratio to decline in 2023: S&P
But should interest rates rise sharply, banks may face more defaults.
EastWest Bank, JCB launch credit card in the Philippines
Customers can access several rewards and year-round promotions.
BDO Unibank soars at the Asian Banking and Finance Awards 2022
Its commitment to empowering clients and enhancing their wealth amidst uncertainties has become evident with its recent innovations.
BPI cements market position with Robinsons Bank merger: analyst
Assets are slated to increase by 0.9 percentage points.
UNO Digital Bank sets its sights on being Filipinos' top virtual bank
CEO Manish Bhai said they want to be first for their Filipino customers’ financial needs.
Citi Philippines raises Home Credit’s facility to $14.3m
This is almost double the $7.36m it approved last May.
2 in 5 Filipinos name fraud protection as top priority when opening new financial account
About 4.5% of those surveyed have been victims of identity theft.
UnionBank transforms wealth digital platform with Avaloq
It will standardize the front, middle, and back office of UnionBank’s wealth mgmt functions.
Fighting financial crime with advanced machine learning capabilities
RCBC and GBG clinched two major awards at the ABF Retail Banking Awards 2022 with their enterprise risk management technology.
Citi completes sale of Philippine consumer business to UnionBank
The sale includes the transfer of 1,540 staff to the Philippine bank.
Philippine Bank of Communications names new independent directors
They have also been assigned to the bank’s RPT committee.
Philippine fintech startup PayMongo launches partnership with Atome
The partnership will enable the expansion of BNPL services on the payment platform.
ING Bank begin discontinuing retail product services in the Philippines
The bank’s app will be decommissioned by the end of 2022.
Philippine banks takes back pre-pandemic profitability in mid-2022: analyst
NPL in the country’s banking sector has peaked and will continue to decline.
ING pulls back from the Philippine retail banking market
Over 380,000 clients are expected to be affected once they leave the market by end of the year.
EastWest Bank to appoint new CEO, President
New CEO is current strategy consultant for the bank’s parent company Filinvest.
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Technology to underpin future of financial services
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Banking Technology
Banks should boost their online infrastructure as digital assets become the norm.
Banks should boost their online infrastructure as digital assets become the norm.
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