Philippines

Own Bank names Don Niño Santos president and CEO

He previously worked at Globe Telecom and Metrobank.
5 days ago

The Philippines hits digital payments target

A total of 3.94 billion digital transactions were recorded in 2025.

Philippine HNWIs top APAC on preservation goals but lag on succession

Maintaining family unity and shared values is one of their top priorities, the study found.

Four in five Philippine banks hold business lending rules steady in Q3

Nearly a third of lenders expect demand from companies to rise.

Philippine central bank raises business transfer ceiling tenfold under Instapay

Previously, registered businesses could only transfer up to $822.6 (P50,000).

Apple launches Apple Pay in the Philippines

Shoppers can authenticate transactions through Face ID Touch ID or a device passcode.

GCash opens local QR payments to Mastercard tourists

Visitors can link overseas credit and debit cards directly to the Philippine e-wallet app.

Philippine bank lending slows to 9.8% in June

Overall expansion was tempered by the construction and education sectors.

About one-third of Filipino borrowers use loans to pay for food

Education trailed, accounting for 15% of spending purposes.

Philippine banks hold lending standards steady in Q3

Few banks expect lending standards to ease during the period.

Three new payment services launched in the Philippines

InstaPay for Businesses increases maximum transfers to $8,144 (PHP500,000).

Philippine lender MocaMoca hits 20 million users

The digital lending platform says it offers collateral free loans up to PHP50,000.

BSP warns public that 'Bank of Humanity' is unlicensed and unregulated

The so-called Bank of Humanity is also not registered with the SEC.

UnionBank posts 113% profit surge to $111.76m in H1

Net interest income grew 8% and non-interest income rose 12% during the period.

BDO Unibank posts flat net income of $659.21m in H1 2026

Net interest income rose 11%, whilst non-interest income inched up 4%.