Robinsons Bank, the financial services arm of the Gokongwei Group, is merging with the Ayala-owned and controlled Bank of the Philippine Islands, it was announced on Friday (September 30). In a disclosure to the PSE, both boards of listed companies JG Summit Holdings ...
It will soon be accessible through kiosks nationwide.
While the Philippines has done well in terms of its cashless payment adoption, the country still has a long way to go before Filipinos have the capacity to transact this way globally. This is the primary reason why GoTyme Bank has partnered ...
UNOAsia plans to double down on growth in the Philippines.
The parent company of UNO Digital Bank, one of the fully digital banks allowed to operate in the Philippines, has raised $11 million (about P611.2 million) in a pre-Series A round, the company announced on Tuesday (August 2). Headquartered in Singapore, UNOAsia is ...
Dutch multinational banking and financial services corporation ING announced on Friday, June 24, that it will leave the retail banking market the country by the end of 2022. In a statement, the bank said it plans to instead invest further in the ...
Even when times are tough, there’s always an opportunity for value investing.
Legendary investor Warren Buffett used to say the time to get interested in stocks is when no one else is.Since the start of 2021, bank stocks have been struggling to survive, with the financial sector index falling by as much as 2.9 ...
It’s a milestone for the Philippine operations of a Singapore-based neobank.
The Bangko Sentral ng Pilipinas (BSP) has received numerous applications for a digital bank license, but for the first time, it has granted one to a purely digital bank in the country. Tonik, a 100 percent digital-only bank whose holding company is based ...
Some banks will extend free transfers using InstaPay and PesoNet to Dec. 31, from Sept. 30 as originally announced, according to separate advisories.Among them, Metrobank and RCBC. Earlier, Bank of the Philippine Islands, GCash and PayMaya said they would charge customers for ...
Affected clients are those accessing the app through iPhone.
Clients of BDO have reported they are still unable to access the bank’s mobile app a day after the company said it had already updated to a current version compatible with Apple’s latest iOS.Also read: Presidents Gone Wild The hashtag #bdoonlinebanking was trending on ...
UPDATE (30 September 2020): The Bangko Sentral ng Pilipinas replied to Esquire Philippines' query and said the image on Wikipedia is not legal tender. "Upon verification by the Bangko Sentral ng Pilipinas (BSP), the 1000-Piso banknote with the alleged misspelled middle name of ...
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