Philippines
Philippine banks conquer mounting bad loan risk
Philippine banks conquer mounting bad loan risk
Corporates, which account for 76% of loans, have strong debt-servicing abilities.
Citi and Grab tie up to launch credit card
It is available in the Philippines and will be launched in Thailand later.
ING unveils digital bank in the Philippines
It offers 2.5% interest rate on savings.
Philippine banks' profits surge 28% in Q1
Strong gains from trading and lending pushed up earnings.
P2P lender Blend PH targets nearly $20m portfolio by 2021 in financial inclusion push
The platform has attracted millennials, housewives, and overseas workers that have been investing as low as $96 at 8-30% per annum.
Philippine banks tighten credit standards in Q1
SMEs, corporates and households saw tighter credit access.
BancNet taps Mastercard and Vocalink to enhance payments technology in the Philippines
The use of Vocalink will extend InstaPay’s reach to include government and commercial payments.
Pradeep Pant of Metrobank to grace the Retail Banking Forum in Manila
He will share his insights on how digitalisation can transform consumer banking.
UnionBank's Ana Delgado shares the secret to delivering superb customer experience
Learning, unlearning and relearning at a time of disruption is key.
Metrobank's 6.3% three-year bonds oversubscribed at $340m
Its initial target was at $190m.
Philippine banks eye launch of digital ID registry in 2019
The registry will use blockchain technology for transactions and client identity.
Philippine customers trust banks more than government with their data: survey
Around 42% trust banks the most compared to 21% who trust the government.
Soured debt outpaces growth of Philippine bank loans in 2018
Bad loans grew 16.17% even as total loans rose 13.6%.
RCBC files $2.47m defamation suit vs Bank of Bangladesh after massive cyberheist
RCBC thinks that the Bangladesh Bank should pay them at least $1.90m in damages and another $570,000 to its senior VP for similar damages.
Credit Suisse names Josephine Yap as head of Philippine representative office
She previously headed private wealth countryside at Metropolitan Bank and Trust Company.
Philippine budget secretary Benjamin Diokno named as new central bank governor
He will be serving the remainder of Espenilla’s six-year term which will end by 2023.
Philippine banks' loan growth cools down to 15.7% in January
Household loan growth slowed to 12.7% in January from 13.6% the previous month.
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