BSP unveils new polymer banknote series
President Ferdinand R. Marcos Jr. has recently accepted the “First Philippine Polymer Banknote Series” from Bangko Sentral ng Pilipinas (BSP)…
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Category: Banking and Finance
Found 353 posts in Banking and Finance
GoTyme targets 9 million customers by 2025, expands into crypto and lending
GoTyme Bank, a joint venture between the Gokongwei Group and Tyme Group, is poised to accelerate its growth trajectory with…
China Bank Savings accelerates its expansion in the Visayas and Mindanao this 2024
China Bank Savings (CBS) is stepping up its aggressive expansion in the provinces, especially in Visayas and Mindanao. Earlier this…
BDO Network Bank expands reach, to bring total network branch to between 560-570 by year-end
by Jan Michael Carpo, Reporter BDO Network Bank, the rural banking division of BDO Unibank Inc., is accelerating its branch…
BSP completes testing for ‘Project Agila,’ paves way for wholesale CBDCs this 2024 and beyond
The Bangko Sentral ng Pilipinas (BSP) has successfully concluded testing for “Project Agila,” a groundbreaking initiative that leverages cutting-edge technology…
Security Bank expands reach with P11-B deal to acquire 25% stake in Home Credit Philippines
Security Bank Corp. is set to strengthen its foothold in the consumer finance sector through a strategic acquisition, purchasing a…
RCBC partners with Tesla to drive sustainable mobility in the Philippines this 2024 and beyond
Rizal Commercial Banking Corp. (RCBC), managed by the Yuchengco Group, has recently been selected as one of Tesla’s financing partners…
BSP says Islamic Banking has bright future in PH, is poised for growth this 2024
The Bangko Sentral ng Pilipinas (BSP) has highlighted the Philippines’ significant potential as an investment hub for Islamic finance. Photo…
Progressive Rural Bank partners with S. Korean firm to modernize rural banking in PH this 2024
Progressive Rural Bank Inc. (PRBI) has recently partnered with South Korea’s Bankware Asia and its local distributor, Ascend Data Management…
Security Bank reports 12% earnings growth, signals strengthening PH banking industry
by Jan Michael Carpo, Reporter Security Bank Corp. (Security Bank) has announced a robust 12% growth in net income, reaching…