Philippines
Philippine banks' COVID-19 rebound faster than in 1997 crisis: banking group
Local lenders may rebound in three to four years.
Philippine banks' COVID-19 rebound faster than in 1997 crisis: banking group
Local lenders may rebound in three to four years.
Philippine banks remain firm, but headwinds loom: Fitch
Weak local consumption and high credit impairment are fanning the fire.
Philippine banking system edges closer to a digital revolution
The market has qualities favorable for virtual banks to thrive.
Jefferies, Regis Partners team up for Philippine cash equities business
Jefferies will distribute equity research on local-based companies to its client base globally.
GoBear, UnionBank float LaaS service in the Philippines
They will offer e-commerce loans on Lazada via GoBear's eShopaLoan.
Non-bank lending to flourish in Asia as incomes diminish
More than two-thirds have prepared for active borrowing.
Mastercard partners with upcoming Philippine digital-only bank tonik
The lender plans to launch with loan offerings and retail banking services in Q3.
How BPI fused heritage and future in revamped Makati branch
This is the bank’s first branch to have an interactive screen.
Robocash kicks off pre-IPO for Philippine neobank
The group plans to launch an IPO for Una Bank in December.
ADB inks $200m loan to improve Nepal's power supply
It will fund the reinforcement of Kathmandu Valley’s supply system.
GoBear allies with Mambu, CredoLab for short-term lending business
GoBear’s lending architecture will expand to the Philippines this year.
Philippine central bank slashes policy rate again by 50bp
It has already reduced the rate by a total of 125bp.
Philippine banking system faces $13.8b in impairment losses
A severe stress scenario in the weak real estate sector will drive up NPL ratios.
Missing Wirecard money not in the Philippine banking system
Lenders BDO and BPI have denied their involvement in the scandal.
Philippine banks have solid defences against COVID-led risks: analysis
The resilience of large corporates is key to quelling credit losses.
ADB, UN ESCAP boost partnership amidst pandemic
The two organisations will work together to address COVID-caused issues in Asia.
Grab pilots GrabPay Card in the Philippines
It comes with a digital version within the Grab app.
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