Philippines

Fitch ratings downgrades the Philippines’ banking system operating environment score to negative.

Net interest income and non-interest income both fell compared to H1 2020.

BPI aims to stop lending 45% of coal-fired powered projects.

UnionDigital will be a wholly-owned subsidiary of the Philippine lender.

Bypassing credit cards, the payment instalment options prove to be attractive.

Banks' slow development of digital financial services may just give fintechs an edge.

Debit cards dominate in the Philippines with 90.6 million in circulation.

Post-merger, the bank will have $55.4b in combined assets, reports local media.

The CEO of Philippines’ first private bank post-war highlights the importance of a people-centric approach in future-proofing a bank whilst tackling a crisis.

The firm has applied for a digital banking license in the country.

Car owners can gain access to as much as PHP2m.

BPI's John-C Syquia and FinServ Solution's Andre Lee discuss the latest trends in transaction banking.

The bank has launched the “Better Banking” brand campaign to complement this.

Parent DigibankASIA will work alongside partners Mambu, Backbase, and AWS in developing its services.

The respondents are accused violating banking, cybercrime and e-commerce laws.

Emerging banks in Asia continue to be in a tough operating environment, says Fitch.