Philippines
BSP raises salary loan repayment cap to seven years
BSP raises salary loan repayment cap to seven years
The seven years is the maximum tenor and not a fixed loan term.
3 days ago
BDO tops Philippine brands for third straight year at $3.5b
BPI’s brand value grew 37%, whilst AUB is the country’s fastest growing brand.
3 days ago
GCash operator Mynt gets approval to file for IPO
It will be equivalent to 12% of Mynt’s outstanding common shares post-IPO.
4 days ago
Chubb Philippines embeds cover in UnionDigital Bank app
Eligible loan borrowers receive protection for 3 months at no added cost.
4 days ago
Philippine account ownership sinks as microfinance access weakens
E-money wallets stayed at 36% whilst bank access held at 23%.
6 days ago
UnionBank hits 2 million credit cards in circulation
It also claims the highest Visa credit payment volume among Philippine banks in 2025.
Philippine SMEs can issue virtual prepaid cards in five minutes
Paymongo provides the service whilst Paymentology and Mastercard provide the licensed framework.
How exposed are Philippine banks to Iran war?
Debt in oil-sensitive sectors could spill into the banking system.
Philippine banks dodge Middle East risk but corporate debt is the backdoor
Foreign reserves and prudent FX intervention serve as important buffers, BSP said.
PH bank lending accelerates to 11.4% in April on business demand
Consumer loans continued to show growth but moderated from March levels.
Tokenisation in the Philippines: The consumer is ready, but is the infrastructure?
Being token-ready involves much more than switching on wallet acceptance.
GoTyme Bank rolls out international transfers to 170 countries
It supports transfers in 8 currencies.
BPI channels down on June 6 for Robinsons Bank integration
VIBE will be accessible to pay bills, buy loads, and redeem rewards, BPI said.
Philippines to tighten oversight of pawnshops and NBFIs
The council is also working to improve its monitoring of risks and interlinkages in the system.
Philippine banks resilient but energy and debt risks loom: regulators
Sectors sensitive to energy and interest rates were flagged by the stability council.
PNB cuts batch processing by 75% after two-year core banking over
This frees IT teams from late-night monitoring and troubleshooting.
More than half of Filipinos have financial accounts but few hold bank accounts
Lack of money and unemployment were amongst the biggest barriers to opening a bank account.
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