Philippines
BSP extension lets banks write bigger green loans beyond 25% cap
BSP extension lets banks write bigger green loans beyond 25% cap
Banks can exceed the single borrower’s limit by an additional 15%.
5 days ago
BSP mandates ISO 20022 adoption across retail payments in Philippines
BSP said it will establish an ISO 20022 Harmonization Industry Project Team to coordinate the industry-wide transition.
Philippine FCDU loans fall 3.9% in September 2025
This is despite the 5.7% growth in deposits in foreign currencies, the central bank said.
Sun Life Grepa and Top Bank Philippines ink partnership agreement
Top Bank Philippines will integrate insurance solutions in its services.
PNB inks loan facility agreement with DCFC to boost SME lending
The facility will be used to grant working capital loans to SMEs.
UnionBank names Gauraw Srivastava as wealth head and EVP
Srivastava was previously head of private banking at Vietnam’s VPBank.
UnionBank rolls out payroll account opening solution
Employees can open accounts by scanning a QR code.
Philippine credit card startup Zed raises $16.5m in new funding
The company uses AI to underwrite customers.
Philippine bank lending up 10.3% in October
But loans to non-citizens saw a faster rate of decline during the month.
HitPay and Visa to expand Philippine SMEs’ payment acceptance
SMEs can process both in-store and online transactions without a bank contract.
GoTyme Bank rolls out crypto investment services in the Philippines
Customers can invest in 11 cryptos without registering on a third-party platform.
GoTyme Bank now compatible with Google Pay
Customers can pay without entering card details whenever there’s a Google Pay button.
BSP says customers can still withdraw over $8,750 without delays
Customers will need to show a legitimate purpose of withdrawal.
Atome Philippines rolls out SEAOIL fuel discounts to cardholders
Cardholders will have to pre-purchase the fuel via the Price LOCQ app.
Metrobank appoints three new SVPs and heads
The new heads are for the trust banking group, internal audit group, and the transformation office.
GCash PocketPay enables NFC devices to become payment portals
Any android device with NFC can accept contactless Visa and Mastercard payments.
The Philippines’ central bank calls for a 24/7 payment system
A round-the-clock operation will enable real-time payment settlement and further economic activities.
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