Philippines
Philippine central bank welcomes banks' move to cut fund transfer fees
Philippine central bank welcomes banks' move to cut fund transfer fees
An earlier circular directed banks to bring interbank transfer fees to zero.
Philippine National Bank's property arm eyes PSE listing with no date set
PHC is undertaking the necessary documentation and preparatory steps for the listing.
Philippine central bank explores wholesale CBDC
Using it for financial securities transactions could reduce settlement risks, the BSP said.
QR Ph captures 55% as card payments lose ground: PayMongo
Interoperability lets merchants accept payments from banks and e wallets through one code.
PayMongo's digital payments surge 89% as in-store QR use triples
PayMongo recorded 10 million transactions in H1 2026, compared to 5.2 million a year ago.
Central bank zeros in on securities, cross-border payments for digital Philippine peso
Project Agila findings will steer wholesale CBDC strategy for financial institutions.
Philippine banks brace for more bad loans and less profit
Fitch also flagged the rapid expansion in unsecured credit card receivables.
Mynt IPO could raise $1.5b for GCash parent
The final price will be set later through a book building process.
Philippine-based BPI to waive interbank transfer fees from 1 July
Transfers to banks and e-wallets will no longer cost $0.16 to $0.82.
Filipino borrowers halve since 2021 as debt aversion grows
Formal credit overtakes informal lending as seven in 10 Filipinos call loans a bad idea.
Philippine central bank revises payments framework to protect consumers
Banks and e-wallets must justify charges under the updated rules.
Philippine banks’ loan repayments slash foreign capital inflows
Financial account net inflows fell to $2.4b from $7.4b in the prior year.
PNB, JCB card debuts as Japan travel demand grows
Cardholders can access selected overseas airport lounges and multilingual travel assistance.
Capital relief may push Philippine banks toward excessive risk: analyst
BSP sees rates on a higher for longer path with further tightening likely, said CreditSights.
BSP lets Philippine banks exclude paper losses from capital ratios
The measure is in effect until December 2026.
BSP raises salary loan repayment cap to seven years
The seven years is the maximum tenor and not a fixed loan term.
BDO tops Philippine brands for third straight year at $3.5b
BPI’s brand value grew 37%, whilst AUB is the country’s fastest growing brand.
Thought Leadership Centre
Most Read
1. Rising rates to favour OCBC and UOB over DBS 2. Why digital assets are set to become mainstream in APAC 3. Bitcoin’s latest hacks expose where trust really sits in Asia 4. OCBC and Ant International launch tokenised deposit treasury solution 5. India banks face margin squeeze despite 18.8% credit growthResource Center
Read Here
Advertise
Sign Up
Events
Partner Events
Event News
Inside Corpay Cross-Border’s win at the Asian Banking & Finance Fintech Awards 2026
Simon Bishop shares how local accounts and collaboration help Corpay deliver faster payments and greater client value.
Commentary
Stablecoin payments are going mainstream. Hong Kong and APAC are showing how
Why digital assets are set to become mainstream in APAC
Bitcoin’s latest hacks expose where trust really sits in Asia
Singapore's next payments opportunity
DIFC's reforms open new doors for Asian businesses: Is yours ready?
Why Asia’s private wealth industry requires a new era of governance