Gokongwei-backed lender GoTyme Bank Corp., one of six digital banks approved by the Bangko Sentral ng Pilipinas (BSP), said ...
My sources whisper that consolidation conversations are already happening behind closed boardroom doors. Who pairs with whom?
“Financial inclusion is a state in which everyone, especially the vulnerable sector, has effective access to a wide variety of financial products and services,” said BSP Bank Officer Keith Eduard ...
The Bangko Sentral ng Pilipinas (BSP) wants nonbank financial institutions to adopt modified bank-level rules for ...
The robust growth in lending to consumers is becoming a growing risk for banks. INQUIRER.net stock images MANILA, Philippines ...
Inquirer Business on MSN

AI seen boosting Philippine bank lending

Loan growth in the Philippines could further rise in the coming years, with the broader adoption of artificial intelligence ...
OFFICIALS of the Development Bank of the Philippines (DBP) are eyeing to raise more than P10 billion in new funds next year to support its lending programs as monetary easing prospects create an ...
Philstar.com on MSNOpinion

The SEC lending rate cap, PhilHealth fund transfer

Among the occasional issues endured by the poor is the need for emergency borrowings, small amounts like P15,000 or lower ...
Many personal loan lenders have minimum loan limits as high as $3,000. That can force you to borrow more than you actually need and pay more in interest charges. CNBC Select dug through dozens of ...
BCO Estado do Rio Grande do Sul SA (BSP:BRSR3) reports a 50% increase in net profit, driven by digital transformation and strategic cost management.
THE USE of artificial intelligence (AI) in lending processes could accelerate Philippine banks’ credit growth to 15-18%, according to financial technology (fintech) company Intellect Design Arena Ltd.
Philippines’ all-in-one fintech platform shares how artificial intelligence is expanding access to credit and building trust ...