Philippines
BSP doubles cash withdrawal due diligence trigger to $17,000
BSP doubles cash withdrawal due diligence trigger to $17,000
It covers payouts, such as payrolls, loans, and project disbursements.
2 days ago
The Bank of the Philippine Islands unveil new debit card
The new design has a curved notch at the bottom left corner.
3 days ago
Interoperability vital as 24/7 push hits 'fragmented' Philippine payments
Fragmented ecosystems and limited wallet acceptance will cause abandoned transactions.
RCBC’s net income up 11% to $183.71m in 2025 on loan and card growth
Credit card receivables rose due to the “successful acquisition of affluent customers.”
AUB’s net income up 12% to $220.12m on commercial loan growth
AUB’s net income up 12% to $220.12m on commercial loan growth.
PNB’s net income up 20% to $438.6m in 2025 on more loans and lower costs
It's bad loans ratio declined to 4.7% whilst operating expenses grew slower.
Welcome Bank (Rural Bank) unveil e-signature and e-KYC services in loan apps
It eliminates the need for scheduled video calls or a hybrid application process.
Philippine rural banks face merger pressure with tighter capital rules
Many lenders in the countryside have little capital buffer.
Filipinos outside capital favour loan apps and microloans over credit cards
The majority expressed willingness to access educational materials to improve their finances.
Metrobank’s net income hit $856.71m in 2025 trade and loan growth
Net interest income rose 9.2% during the year.
EastWest Bank profit climbs 21% to $156.4m in 2025
Revenue was up 20% with stronger operating leverage.
Philippine cash remittances hit record $3.52b in December
Full-year inflows and personal remittances both hit an all-time high.
Philippine bank lending hits 9.2% in December
Loans to non-residents declined faster than the previous month, however.
Steady loan outlook erodes as Philippine banks brace for Q1 squeeze
Banks expecting a flat borrowing appetite fell significantly from a previous high of 80.7%.
Philippine banks signal credit squeeze as tightening bias grows in Q1
About 12.8% of banks expect to tighten credit standards for household loans.
QBE deal expands as Malayan embeds add-on into RCBC auto loans
Paramount Life and General Insurance Corporation acts as the local partner in the Philippines.
Security Bank names new wealth segment head
The Philippine bank also announced the retirement of EVP Gina Go.
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