More articles about: deposits

More often than not, the younger population has little to no access to banking services due to their limited credit history and the stringent requirements of financial institutions in the Philippines. Yet, quite surprisingly, this age group is the most financially literate ...

Money remittance and pawning service The Palawan Group of Companies (PGC) has forged a partnership with Pay&Go. The collaboration means that the 24-hour self-service payment service's customers can conveniently cash in their accounts through Pay&Go's more ...

Sending money to their families will soon become easier for Filipinos abroad with a new online banking service exclusively for overseas workers. The state-run Land Bank of the Philippines announced the launch of its GoBayani Savings, a digital deposit account that ...

The average bank balance of most Filipinos is less than P5,000.The Bangko Sentral ng Pilipinas (BSP)'s latest report (2017) on the State of Financial Inclusion shows 62 percent of all deposit account holders in the country only keep P5, ...