Man holding a mobile phone with the Maya Bank app

calendar_today August 23, 2024 schedule 4 min read

Maya Bank announces near profitability as digital lending and fintech ventures flourish this 2024

Maya Bank Inc., the digital banking arm of PLDT Inc., is making significant strides towards profitability, driven by a surge…

People walking outside UnionBank's office in Manila

calendar_today August 22, 2024 schedule 4 min read

UnionBank elevates service with new investment products, AI use for ultra-high-net-worth clients

by Jan Michael Carpo, reporter UnionBank of the Philippines is set to launch an array of innovative investment products and…

BDO Foundation has helped Iloilo City market vendors improve business operations and market management by undergoing training through UNA

calendar_today August 22, 2024 schedule 5 min read

BDO Foundation helps empower Iloilo market vendors, SMEs through financial literacy training

BDO Foundation, the corporate social responsibility arm of BDO Unibank, recently took a significant step toward fostering financial inclusion and…

BSP Governor Eli M. Remolona, Jr. (left, seated), and H.E. Dr. Chea Serey (right, seated), Governor of the National Bank of Cambodia, during the signing of a Memorandum of Understanding between the two central banks

calendar_today August 21, 2024 schedule 4 min read

BSP, National Bank of Cambodia sign MOU for enhanced, more powerful collaboration in 2024

In a landmark event held last August 19, 2024, the Bangko Sentral ng Pilipinas (BSP) and the National Bank of…

Rice self-sufficiency could soon be attained with the use of drone technology

calendar_today August 21, 2024 schedule 5 min read

PH soars towards rice self-sufficiency, but drone technology still faces regulatory hurdles in 2024

The Philippines is currently making significant strides towards achieving rice self-sufficiency, with a recent projection indicating a 95-day rice stock…

AI image of a woman used to announce how Salmon has just been awarded the prestigious 2024 Asian Banking and Finance Fintech Start-Up Award - PH

calendar_today August 20, 2024 schedule 5 min read

Salmon wins 2024 ABF Fintech Start-Up Award, vows to pioneer a new era in PH banking

In a significant milestone for the financial landscape of the Philippines, Salmon, a fintech company dedicated to enhancing access to…

Photo shows BSP Deputy Governor (DG) Bernadette Romulo-Puyat and Labor Assistant Secretary Amuerfina Reyes after leading the discussions on promoting digital wage payments at the 2nd Financial Inclusion Forum for the Labor and Employers Sector at the BSP Manila Head Office together with other BSP and DOLE executives

calendar_today August 20, 2024 schedule 5 min read

BSP and DOLE push for digital wage payments to help drive financial inclusion in PH this 2024

The Bangko Sentral ng Pilipinas (BSP) and the Department of Labor and Employment (DOLE) are calling on labor and employer…

Photo shows PSALM President and CEO Dennis Edward A. Dela Serna (2nd from right), LANDBANK President and CEO Lynette V. Ortiz (right), and DBP President and CEO Michael O. de Jesus (3rd from right) while leading the ceremonial signing for a P110-billion syndicated loan for PSALM

calendar_today August 19, 2024 schedule 5 min read

LANDBANK supports PSALM with P60 Billion syndicated loan to bolster PH power sector

The Land Bank of the Philippines (LANDBANK) has recently taken the lead in strengthening the country’s power industry by extending…

Image of a SIM card to illustrate how the BSP's new regulatory framework can bolster digital transactions in PH

calendar_today August 19, 2024 schedule 4 min read

BSP bolsters digital transactions, introduces new regulations for merchant payment acceptance

In a significant move to enhance the security and efficiency of digital payment systems in the Philippines, the Bangko Sentral…

Facade shot of BSP's head office, which reported that PH banks’ bad loans ratio has hit 2-month low despite annual increase in Non-Performing Loans

calendar_today August 16, 2024 schedule 4 min read

PH banks’ bad loans ratio hits 2-month low despite annual increase in Non-Performing Loans

In a recent report by the Bangko Sentral ng Pilipinas (BSP), the gross non-performing loans (NPL) ratio of local banks…

Category: News