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A service for banking industry professionals · Monday, October 5, 2026 · 947,543,362 Articles · 3+ Million Readers
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Philippines Banking Industry Newswire

  • Published on 20:04 GMT

    BSP expects stronger demand for BNPL as more Filipinos turn cashless

    By Katherine K. Chan, Reporter DEMAND for buy now, pay later (BNPL) services in the Philippines is expected to grow as more Filipinos turn cashless alongside the continued rise of e-commerce, the Bangko Sentral ng Pilipinas (BSP) said. In an e-mailed …

    Source: Business World - Neutral
  • Published on 17:51 GMT

    Taptap Send Honors Overseas Filipinos with a heartfelt Campaign and a chance to fly Home for Christmas

    MANILA, Philippines — For millions of Filipino families, Christmas is the most sacred and highly anticipated holiday of the year. Yet, behind the festive lights and early holiday carols lies a sobering reality: seasonal data reveals that only about 5% of …

    Source: Punto Central Luzon - Pending
  • Published on 17:59 GMT

    Who should be the next president of the Philippines?

    October 6, 2026 | 12:00am On Aug. 20, 2025, the President of the Philippines stood on a riverbank in Barangay Piel, Baliwag, Bulacan. Public Works records said a 220 meter river wall had been built there for P55.7 million, finished on June 30 and paid. In …

    Source: Philstar - Neutral
  • Published on 20:03 GMT

    AMRO slashes Philippine growth forecasts on energy shock, investment woes

    By Katherine K. Chan, Reporter THE Philippine economy may continue to grow below its potential through 2027 as persistent energy shocks and weak investment weigh on activity, the ASEAN+3 Macroeconomic Research Office (AMRO) said. In its latest ASEAN+3 …

    Source: Business World - Neutral
  • Published on 09:58 GMT

    Philippine Court Freezes 25 Crypto Wallets in Flood Control Corruption Probe

    TLDR The Philippine Court of Appeals froze 25 crypto wallets, 86 bank accounts, and other assets in a flood-control corruption probe. The assets are linked to an unnamed prominent lawmaker, a corporation, and several individuals and entities. Authorities …

    Source: Blockonomi - Neutral
  • Published on 16:57 GMT

    Singlife Philippines names Allen Reyes as CEO

    Aubrey Rose Inosante - The Philippine Star October 6, 2026 | 12:00am MANILA, Philippines — Singlife Philippines Inc. has appointed Allen Reyes as its new CEO, the digital life insurer announced yesterday. Reyes, who previously served as the company’s chief …

    Source: Philstar - Neutral
  • Published on 06:55 GMT

    AMLC: Banks reported VP’s transactions as high as P55M from 2011 to 2024

    Anti-Money Laundering Council Secretariat Executive Director Atty. Ronel Buenaventura. INQUIRER PHOTO / NIÑO JESUS ORBETA MANILA, Philippines — Vice President Sara Duterte’s bank transactions of over P500,000 from 2011 to 2024, including a P55 million …

    Source: Inquirer - Neutral
  • Published on 02:07 GMT

    Philippine banks’ bad loan ratio steadies in August

    PHILIPPINE BANKS’ gross nonperforming loan (NPL) ratio held steady in August as faster loan growth offset the rise in bad loans, data from the Bangko Sentral ng Pilipinas (BSP) showed. The banking industry’s gross NPL ratio stood at 3.35% in August, the …

    Source: Business World - Neutral
  • Published on 02:05 GMT

    Philippine inflation likely hit 4-month high in September — poll

    By Katherine K. Chan, Reporter  INFLATION may have accelerated to a four-month high in September amid fresh oil price surges, costlier food due to weather disruptions, and the peso depreciation, analysts said. A BusinessWorld poll of 22 analysts yielded a …

    Source: Business World - Neutral
  • Published on 00:01 GMT

    Credit cards, move over: Filipinos really love buy now, pay later

    BNPL is running red-hot, enough for one top player to turn itself into a bank and snag one of the government’s former highest paid official for its board. Rappler sits down with TransUnion to unpack the boom. If you’ve ever looked at the price of a new …

    Source: Rappler - Neutral
  • Published on 15:09 GMT

    GCash parent Mynt sets IPO price to raise up to $970m

    Mynt, the parent company of Philippine mobile payments platform GCash, has set the final offer price for its initial public offering (IPO) on the Philippine Stock Exchange (PSE) at 6.60 pesos ($0.11) per share. The base offer comprises approximately 8.03 …

    Source: Electronic Payments International - Pending
  • Published on 14:20 GMT

    The first year of VAT on digital services

    While rewatching When Life Gives You Tangerines, one of my favorite Korean dramas, I found myself appreciating how convenient it has become to access stories and entertainment from across the globe. With just a few clicks, viewers in the Philippines can …

    Source: Business World - Neutral
  • Published on 17:01 GMT

    244 Foreigners Arrested in Mindanao Raids on Illegal Offshore Gaming Operators

    Free Newsletter Get the hottest Fintech Philippines News once a month in your Inbox Philippine authorities have arrested 244 foreign nationals, most of them Chinese, in raids on two sites in Mindanao, the biggest crackdown this year on illegal offshore …

    Source: Fintech News Philippines - Neutral
  • Published on Oct 4, 2026

    Four Korean Banks Join Ripple at Seoul Event: Are They Using XRP?

    Four major Korean banks shared a stage with Ripple at a high-profile Seoul event, sending XRP holders into a frenzy, but a closer look at what was actually announced raises serious questions about whether any of them have committed to…This post may contain …

    Source: 24/7 Wall St. - Neutral
  • Published on 17:01 GMT

    DOJ Takes Fee Payments Online Through LandBank’s Link.BizPortal

    Free Newsletter Get the hottest Fintech Philippines News once a month in your Inbox The Department of Justice (DOJ) has partnered with the Land Bank of the Philippines (LandBank) to roll out an online payment system for public services. The DOJ will …

    Source: Fintech News Philippines - Neutral
  • Published on Oct 4, 2026

    Banks’ bad loan ratio steady at 3.35% in Aug

    THE nonperforming loan (NPL) ratio of Philippine banks remained steady at 3.35 percent in August despite a challenging global environment, data from the Bangko Sentral ng Pilipinas (BSP) showed. The NPL or bad loan ratio, which covers past-due debts whose …

    Source: The Manila Times - Indeterminate
  • Published on 16:58 GMT

    BSP flags crypto anonymity risks, backs strict oversight

    Keisha Ta-Asan - The Philippine Star October 6, 2026 | 12:00am MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is pushing for tight oversight of cryptocurrency transactions, warning that transfers outside regulated channels can make it …

    Source: Philstar - Neutral
  • Published on 14:10 GMT

    GCash parent Mynt prices $844.6m IPO

    The IPO is poised to become the largest IPO in Philippine history. Mynt, Inc., the parent company of Philippine e-wallet app GCash, has set a final price offer of $0.11 (PHP6.6) per share for its proposed initial public offering (IPO) on the Philippine …

    Source: Asian Banking & Finances - Neutral
  • Published on 17:02 GMT

    SEC Draft Proposes Up to PHP 200,000 Fines for Unfair Debt Collection

    Free Newsletter Get the hottest Fintech Philippines News once a month in your Inbox The Securities and Exchange Commission (SEC) is proposing mandatory accreditation for third-party collection agencies (TPCAs) that collect debts for financing and lending …

    Source: Fintech News Philippines - Neutral

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