Maya clinches “Best Virtual Bank in PH” for 3rd straight year
In a landmark victory for the Philippines’ burgeoning digital finance landscape, Maya, the country’s leading digital bank, has been crowned…
Category: Banking and Finance
Found 405 posts in Banking and Finance
PH digital lending faces crackdown amidst growth
by Alexis Tuble, Correspondent The Philippine digital lending market is rapidly expanding, driven by a surge in app usage and…
BSP bolsters financial system resilience as non-banking sector assets soar to ₱10.6 trillion
The Bangko Sentral ng Pilipinas (BSP) is taking a proactive step to secure the country’s financial future, signing a key…
BSP ignites U$1 billion Sukuk market growth for inclusive finance in latest forum
Imagine a financial market that’s not just robust but also deeply inclusive, tapping into new sources of capital while adhering…
DOF busts myths on 20% tax under RA 12214: “New law targets interest income, not savings”
by Leira Mananzan, Reporter RA 12214, officially known as the Capital Markets Efficiency Promotion Act (CMEPA), is now in effect as…
RA 12214 savings tax: What Filipinos need to know about the “new” 20% tax on deposits
by Leira Mananzan, Reporter A sweeping new law is poised to reshape the Philippine financial landscape — and the way…
CIBI Information Inc. recognized for advancing financial inclusion at ABF Fintech Awards 2025
CIBI Information Inc. (CIBI), the Philippines’ pioneering local credit bureau, has received top honors at the 2025 Asian Banking and…
Invisible banking: The rise of embedded finance in PH e-commerce and retail
by Edielyn Mae Mangol, Reporter The Philippines is witnessing a transformative shift in how financial services are delivered and consumed,…
Reggie Cariaso takes the helm at RCBC, to usher in a new wave of digital leadership
by Alexis Tuble, Correspondent Rizal Commercial Banking Corporation (RCBC) begins a new era in leadership and innovation as Reginaldo “Reggie”…
Philippine thrift banks thriving, fueling economic growth with robust performance
The Philippine thrift banking sector is emerging as a powerful engine for economic development, reporting impressive growth in 2024. New data released…