Philippines

GoTyme Bank partners with BSP to enable coin deposits

GoTyme Bank is reportedly the first bank partner to be integrated in the CoDMs.

GoTyme Bank partners with BSP to enable coin deposits

GoTyme Bank is reportedly the first bank partner to be integrated in the CoDMs.

Philippine central bank welcomes new monetary board member

Querubin was president and CEO of UCPB from 2003-2007.

Maybank kicks off Islamic banking operations in the Philippines

It is the first commercial bank in the country to get an IBU license.

PH banks’ loans up 10.4% in July

Growth of loans to residents slowed over the month.

Why UNOBank champions embedded finance for growth in the Philippines

The unified banking interface is both a growth strategy and a financial inclusion effort for UnoBank. 

EastWest Bank reports $62.12m net income for H1

Its deposits and loans expanded by over 10% compared to H1 2023.

Cambodia, Philippines ink MOU for closer financial cooperation

Representatives participated in a bilateral meeting to discuss macroeconomic and financial developments.

Higher loans carry RCBC’s net income to $79.87m in H1

Net interest margin rose 41 basis points to 3.71%.

Metrobank nabs ex-Citi banks as deputy head of HR

Angeles has worked for Citi, BDO, and HSBC.

PH central bank pushes for digital wage payments

PH central bank pushes for digital wage payments

PH central bank issues framework for digital payment system operators

Payment system operators are required to obtain a license from the BSP.

Philippine central bank to grant up to 4 new digital bank licenses

The moratorium for new licenses will be lifted on 1 January 2025.

Loans extended by Philippine banks up 10.1% in June

Consumer lending expanded on the back of credit card loans.

Metrobank’s net income up 9.6% in Q2

The bank reported higher gross revenue and expenses for the quarter.

Philippine Business Bank’s net income is $9.02m in Q2

The SME-focused bank announced a PHP0.64 EPS for Q2.

MUFG invests $393m in PH superapp GCash’s parent company

Globe Fintech Innovations operates GCash and Fuse Lending.

‘Robust’ revenues lifted BPI to record net income in H1

Earnings per share is PHP5.8 for the period, a 14% increase.