Philippines

GCash operator Mynt raises record $966m in Philippine IPO

Shares opened 0.5% above their offer price as the company made its market debut on 20 October.
4 days ago

Paymentology partners with AUB on digital payments

The deal will support HelloMoney AUB’s flagship e-wallet and its QR Ph capabilities.
5 days ago

BPI tops Philippine bank AI visibility

BDO was listed first in 75% of the responses.

Perasure rolls out digital lending app in the Philippines

It offers loans up to $795 and targets gig and informal workers.

Philippine central bank adopts Basel III operational risk approach

Banks will undergo a monitoring period before the full implementation on Dec 2027.

Over 1 in 10 Filipinos lose money to scams

Of those scammed, 38% were scammed more than ones, and only 4% reported to authorities.

Philippine financial scams target 69% through SMS

Text messages remain the leading contact channel despite a decline from 75% in 2025.

GCash parent Mynt prices $844.6m IPO

The IPO is poised to become the largest IPO in Philippine history.

How has Filipino financial literacy changed since 2021?

Only 43% of adults said they were satisfied with their current financial situation.

Deutsche Bank names Vikas Arora as Philippine country chief

Arora was also appointed as head of corporate bank in the Philippines.

BSP makes $15.9m capital rule mandatory for banks shifting to digital model

The BSP also opened the door to new digital bank licenses and license conversions.

Filipino borrowers abandon credit plans as costs bite

60% considered financing but did not proceed up from 57% a year earlier.

BSP announces five convictions for rural bank fraud and unlicensed services

Two former rural bank officers were convicted for fraudulent loan transactions.

Philippines’ Metrobank names Anthony Yap head of institutional banking sector

He currently serves as Chairman of ORIX Metro Leasing and Finance.

Philippine financial system 'resilient' despite global headwinds: stability council

The system is supported by sound capital and liquidity positions, the council said.

BSP sees lower transfer fees boosting digital payments, deposits

Some banks reported digital transactions rising by as much as 50%.