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Security Bank drives digital transformation of wealth management business with Avaloq
Security Bank drives digital transformation of wealth management business with Avaloq.....»»
ADB approves 655,000 USD to help Philippine rural banks digitization
MANILA, Feb. 19 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it will provide grants totaling 655,000 U.S. dollars for the digitization of nine rural banks and a bank consortium in the Philippines. The grants are part of ADB's Fintech for Inclusion Transformation (FIT) program. The grant awardees were chosen from among rural banks nationwide serving women, farmers, fisherfolk, and micro, sma.....»»
ADB approves 655,000 USD to help Philippine rural banks digitization
MANILA, Feb. 19 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it will provide grants totaling 655,000 U.S. dollars for the digitization of nine rural banks and a bank consortium in the Philippines. The grants are part of ADB's Fintech for Inclusion Transformation (FIT) program. The grant awardees were chosen from among rural banks nationwide serving women, farmers, fisherfolk, and micro, sma.....»»
BSP planning wholesale digital currency drop by 2026
The Bangko Sentral ng Pilipinas, our country’s central bank, is planning to launch a “central bank digital currency” within two years......»»
PDIC extends loan incentive program for closed bank borrowers
PDIC extends loan incentive program for closed bank borrowers.....»»
Landbank-DBP merger not pushing through – Recto
The planned legal merger of the Land Bank of the Philippines and the Development Bank of the Philippines is no longer pushing through as Finance Secretary Ralph Recto deviates yet again from his predecessor......»»
Maya is '1 Digital Bank in PH
Maya now stands as the #1 Digital Bank in the Philippines, revolutionizing the industry with its unified payments and banking services on one digital platform. In 2023, Maya saw a remarkable increase in users, with 3 million depositors, more than double the previous year, and a deposit balance reaching PHP25 billion, a 69% increase from […].....»»
World Bank urges Philippines to address funding, infrastructure challenges
The Philippines need to address challenges in terms of funding, lack of digital infrastructure and technical competencies as local government units are looking to develop smart cities, the World Bank said......»»
Trial court convicts officers of Cooperative Bank of Benguet Inc. for BSP violations
Trial court convicts officers of Cooperative Bank of Benguet Inc. for BSP violations.....»»
Security Bank, Epson partner for financing
Security Bank Corp. has partnered with Epson Philippines Corp. for a special financing program for Epson’s distributors and dealers to help them fulfill big-ticket orders which usually tighten liquidity......»»
Maya loans reach P22 billion last year
Digital bank Maya Bank Inc. raised its loan disbursement by sevenfold to P22 billion in 2023, as it reaped the benefits of expanding its credit products for underserved sectors......»»
RCBC the best PH bank by network uptime, and UBP ranks at the bottom
Brankas, a Singapore-based fintech software and services provider, published its first annual ASEAN Bank Stability Report to measure the network uptime performance of ASEAN-region banks, and RCBC finished in the top spot among banks in the Philippines with an uptime of 98.3% (31 hours total downtime) including a stretch of seven months with zero downtime events......»»
3 militants killed in West Bank hospital
3 militants killed in West Bank hospital.....»»
Union Bank board approves P10-B stock rights offering
The board of directors of Union Bank approved a plan to conduct a stock rights offering to raise up to P10 billion to “fund the capital infusion to UnionDigital” and for “projected retail loan availments”......»»
UnionBank profit down 28 percent to P9.2 billion in 2023
The earnings of Union Bank of the Philippines dropped by 27.8 percent to P9.2 billion in 2023 from P12.74 billion in 2022, as the listed bank booked higher provisioning and integration costs from the takeover of the retail banking business of global banking giant Citi in the Philippines......»»
J-K LG Manoj Sinha attends Swarozgar Utsav and Ghar Ghar KCC Abhiyan
(Jammu and Kashmir) [India] January 25 (ANI): Jammu and Kashmir Lieutenant Governor Manoj Sinha attended the Swarozgar Utsav and Ghar Ghar KCC Abhiyan on Thursday. J-K LG Manoj Sinha highlighted the newly attained effective functioning of the Jammu and Kashmir Bank and elaborated on its improved financial condition stating profit and loss statistics. "In 2019-20, Jammu and Kashmir Bank was functioning at a loss of Rs 1200.....»»
J-K LG Manoj Sinha attends Swarozgar Utsav and Ghar Ghar KCC Abhiyan
(Jammu and Kashmir) [India] January 25 (ANI): Jammu and Kashmir Lieutenant Governor Manoj Sinha attended the Swarozgar Utsav and Ghar Ghar KCC Abhiyan on Thursday. J-K LG Manoj Sinha highlighted the newly attained effective functioning of the Jammu and Kashmir Bank and elaborated on its improved financial condition stating profit and loss statistics. "In 2019-20, Jammu and Kashmir Bank was functioning at a loss of Rs 1200.....»»
PLDT arm strengthens tieup with Tarlac rural bank
The business arm of PLDT Inc. has strengthened its partnership to further boost the digitalization journey of Signabank Rural Bank of Sta. Ignacia based in Tarlac......»»
Palawan Pawnshop - Palawan Express Pera Padala and Philippine Veterans Bank seal partnership for cash withdrawal services
Palawan Pawnshop - Palawan Express Pera Padala and Philippine Veterans Bank seal partnership for cash withdrawal services.....»»
PLDT arm strengthens partnership with tarlac rural bank
The business arm of PLDT Inc. has strengthened its partnership to further boost the digitalization journey of Signabank Rural Bank of Sta. Ignacia based in Tarlac......»»