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 ...
Severe flooding brought by Typhoon Carina, enhanced by the southwest monsoon, has forced several companies and businesses to temporarily shut down operations. These include major financial institutions, which have shortened their operating hours in the aftermath of the typhoon.A total of ...
Your Citi-branded cards will remain valid until you receive and activate their replacements.
The UnionBank of the Philippines (UnionBank) has started the process of migrating Citi accounts to its system. This means credit card holders could expect their existing Citi cards to be replaced with UnionBank-branded cards. But it appears consumers are experiencing delays ...
No need to visit a branch to open a savings account.
The Bank of the Philippine Islands (BPI) is strengthening its position as one of the most accessible banks in the Philippines, with a new partnership that will make its services available in retail stores, including shopping malls and supermarkets. BPI has tapped ...
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 ...
Get exclusive perks when availing Security Bank's products through the platform.
Tycoon Frederick Dy-owned Security Bank Corporation has entered into an alliance with Lazada Philippines, one of the biggest e-commerce platforms in the country, to extend its offerings to online shoppers. Through the partnership, Lazada users can browse and check out ...
The fintech startup claims to offer the "highest" foreign exchange rates.
Financial technology startup Elevate has raised additional funding worth $5 million (almost P293 million) to expand its operations and cater to more freelancers in the Philippines. The platform simplifies the process for self-employed workers to receive payments in U.S. dollars ( ...
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 ...
Did you know that only six neobanks are Bangko Sentral ng Pilipinas-approved?
With preference growing for online transactions, it's only a matter of time until digital banking becomes more mainstream. (Well, that's if it isn't yet already.)While so many options for electronic payments have emerged, only six digital banks have ...
ING Bank uses facial recognition technology targeted toward 'digital-ready' Filipinos.
Over 70 percent of Philippines remains unbanked, according to the Bangko Sentral ng Pilipinas (BSP). Compare that with studies that show nearly the same number of Filipinos (69 percent) use a mobile phone and you can understand why many banks and financial ...
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