Philippines
BSP warns public that 'Bank of Humanity' is unlicensed and unregulated
BSP warns public that 'Bank of Humanity' is unlicensed and unregulated
The so-called Bank of Humanity is also not registered with the SEC.
UnionBank posts 113% profit surge to $111.76m in H1
Net interest income grew 8% and non-interest income rose 12% during the period.
BDO Unibank posts flat net income of $659.21m in H1 2026
Net interest income rose 11%, whilst non-interest income inched up 4%.
Philippine National Bank's property arm to list on PSE on Sept 25
PNB said it is supportive of the planned listing.
MariBank Philippines transitions to a digital bank license
It commenced operations as a digital bank on 18 July.
PH central bank inks pact to share financial data in scam probes
It has safeguards to ensure that the info shared is only used for authorized purposes, the BSP said.
BSP signs MOA to close FDI data gaps between bank and firm records
The BSP will compile official statistics using shared corporate-level information from the SEC.
Will free bank transfers accelerate digital payments?
The Philippine central bank expects lower costs to boost digital payments.
IFC puts $100m into UnionBank to fund MSMEs and green projects
UnionBank plans to grow and diversify its sustainability assets.
Philippine Business Bank names new COO
She is also appointed to the rank of executive vice president.
PH central bank and RCBC back LRT-2 digital fare test
Commuters can pay using cards, mobile wallets, QR codes, and even their social security cards.
BPI net income dips to $532.8m in H1 2026
It increased provisions by 84%, whilst operating expense are 13.8% higher.
BSP unveils AI rules for Philippine banks and vendors
It aims to guide FIs developing their own AI governance and risk management frameworks.
Atome Philippines secures $81.1m loan from AUB to expand PayLater card
Customers use the card for groceries, food, household items, and bills, the company said.
GoTyme surpasses 10 million users with retail ATM strategy
Customers can deposit and withdraw cash in 2,500 Robinsons retail stores in the Philippines.
Philippine bank loans rise 12.1% in May despite softer card and auto loans
Loans for manufacturing and trade activities rose during the month.
Metrobank cuts InstaPay and PESONet fees to zero
The BSP earlier directed local banks to bring interbank transfer fees closer to zero.
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