Philippines
RCBC appoints Cathay risk veteran Hua-Sheng Yang as director
RCBC appoints Cathay risk veteran Hua-Sheng Yang as director
Yang will join RCBC’s related party transactions committee.
BSP offers rural banks free 3-year cloud banking system subscription
It is expected to help rural banks streamline operations and strengthen cybersecurity.
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.
Philippine bank lending slows to 9.8% in June
Overall expansion was tempered by the construction and education sectors.
About one-third of Filipino borrowers use loans to pay for food
Education trailed, accounting for 15% of spending purposes.
Philippine banks hold lending standards steady in Q3
Few banks expect lending standards to ease during the period.
Atome Financial hits second year of profit as revenue surges 80%
Total operating income rose 52% in 2025.
Three new payment services launched in the Philippines
InstaPay for Businesses increases maximum transfers to $8,144 (PHP500,000).
Philippine lender MocaMoca hits 20 million users
The digital lending platform says it offers collateral free loans up to PHP50,000.
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