Philippines

Companies must be transparent and fair to maintain trust and mitigate reputational risks.

This is thanks to the country's drive for financial inclusion and robust economy amongst others.

Debit cards dominate in the Philippines with 90.6 million in circulation.

Funding and winding down of the pandemic’s impact on the economy will push this market.

The CEO of Philippines’ first private bank post-war highlights the importance of a people-centric approach in future-proofing a bank whilst tackling a crisis.

The firm has applied for a digital banking license in the country.

Emerging banks in Asia continue to be in a tough operating environment, says Fitch.