Philippines
Philippine banks resilient even if bad loans double: S&P
Philippine banks resilient even if bad loans double: S&P
Two midsize banks could make a pretax loss in a severe stress scenario.
58 minutes ago
Business loan growth lifts Philippine bank lending in July
Loans for business activities expanded faster than a month earlier.
16 hours ago
Philippine digital finance use climbs to 62% in 2025
Only 32% of respondents could reach banks despite 79% awareness.
2 days ago
MocaMoca gets SEC confirmation to operate as Philippine lender
The SEC reportedly introduced a stricter compliance framework in 2026.
5 days ago
Alipay+ and PPMI link up to accept international wallets on QR Ph
Alipay+ is now connected to over 10 national QR schemes.
5 days ago
UnionBank to inject up to $15.96m into subsidiary City Savings Bank
The infusion is subject to regulatory approvals.
6 days ago
RCBC appoints Cathay risk veteran Hua-Sheng Yang as director
Yang will join RCBC’s related party transactions committee.
6 days ago
BSP offers rural banks free 3-year cloud banking system subscription
It is expected to help rural banks streamline operations and strengthen cybersecurity.
6 days ago
EastWest proposes $145.72m stock rights offering
The Philippine bank plans to scale up its wealth and priority banking propositions.
Philippine central bank joins regional task force to fight financial scams
Junior monetary officials will receive a newly endorsed training programme.
Own Bank names Don Niño Santos president and CEO
He previously worked at Globe Telecom and Metrobank.
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.
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