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BDO had the highest income at P39.4 billion from January to June.
A number of major banks in the Philippines saw improvements in their financial performances in the first half of the year. These are driven by the stronger reception of their core businesses and services, including consumer loans.Leading the charge is BDO ...
For the unbanked and underserved Filipinos.
Rizal Commercial Banking Corporation (RCBC) has entered into an alliance with Starlink to expand its digital services available in more rural areas. According to the bank, one-fourth of its more than 6,000-strong network of RCBC ATM Go agents is ...
The company hopes to raise $200 million in processed payments globally this year.
BayaniPay, a financial technology startup, is looking to increase its processed payments tenfold, from $20 million in 2023 to $200 million within the year. This comes after the company secured an additional $3 million in fresh capital from investors Wavemaker Partners, PTGB, ...
No initial deposit and maintaining balance required.
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 ...
A total of 34.3 million Filipinos are still unbanked as of 2021, says BSP.
Queen Máxima of the Netherlands, concurrently the United Nations Secretary-General's Special Advocate for Inclusive Finance for Development, is not wasting any chances to help bring better financial services to more Filipinos. In her latest visit to the Philippines, she ...
The digital bank says it has doubled its depositor base to three million, achieved a 69% increase in deposit balance to P25 billion, and booked a sevenfold growth in loan disbursements to P22 billion in 2023.
Maya, one of the leading digital banks in the Philippines, earned a place in Forbes Magazine's roster of World's Best Banks for the second consecutive year. The distinction recognizes the company's efforts to redefine digital banking by making financial ...
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