The total assets of the Philippine banking system grew 6.7 percent year-on-year to P27.73 trillion as of end-August 2025, data from the Bangko Sentral...
The Bangko Sentral ng Pilipinas (BSP) is introducing new prudential requirements and tiered capital rules for digital-centric banks to ensure regulatory alignment and a...
Fitch Ratings said most Asia-Pacific digital banks face higher credit risks than incumbent rivals due to their focus on underserved or unbanked market segments.
It...
The Bangko Sentral ng Pilipinas (BSP) said Thursday the Monetary Board, its policy-making body, approved the lifting of the moratorium on the grant of...
The Digital Bank Association of the Philippines (DiBA PH) reiterated this commitment during a significant roundtable discussion with H.M. Queen Máxima of the Netherlands,...
The Philippines’ six digital banks reported massive growth in 2023, outperforming traditional banking institutions in expanding access to financial services.
Data showed that from September...
The Philippines holds significant potential for digital challenger banks, given its large unbanked population, but their impact on the overall banking sector remains modest,...
Financial technology companies in the Philippines including electronic wallets, digital banks and payment service providers should enhance the security of their mobile apps and...
Global credit watcher Fitch Ratings said Monday that digital banks are unlikely to significantly affect thePhilippine banking sector's competitive dynamics despite their rapid growth.
Fitch...
A former lawmaker on Thursday asked the government to double down on due diligence on potential government contractors amid the booming financial technology industry.
“The...
