BDO raising up to P100 B from domestic bond issue
Sy-led BDO Unibank Inc. is raising as much as P100 billion by tapping the onshore debt market after the Bangko Sentral ng Pilipinas (BSP) provided banks with an alternative source of funding.
Banking
Philippines banks’ assets vault to record P16.1 T in H1
Assets of Philippine banks booked a double-digit 10.2 percent growth to hit a record P16.1 trillion in the first half of the year from P14.58 trillion in the same period last year, data from the Bangko Sentral ng PIlipinas (BSP) showed.
Banking
BSP grants e-money license to GrabPay
Ridesharing operator Grab has been given the green light to operate as an electronic money issuer (EMI) by the Bangko Sentral ng Pilipinas.
Banking
National ID system a boost to financial inclusion — BSP
The Bangko Sentral ng Pilipinas (BSP) said the enactment of the national ID law is a big boost to its efforts to increase the level of cashless transactions to 20 percent by 2020 from about one percent.
Banking
Digital payments for MSMEs pushed
The organization of electronic money issuers (EMIs) is gearing up micro, small, and medium enterprises (MSMEs) to accept e-payments in support of the efforts of the Bangko Sentral ng Pilipinas (BSP) to build up digital payments.
Banking
BSP marks 25 years amid challenges
Philippines banks, Bank of China partner for peso-renminbi spot market
Digital fiat currency under BSP scrutiny
Tala taps Lendr for lending business
Banks absorbing more workers amid shift to digital technology
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