Two financial institutions are interested in putting up digital Islamic banks in the Philippines, according to Bangko Sentral ...

MANILA: The Philippines' gross foreign reserves dropped to US$103 billion at the end of January, from $106 billion a month earlier, the central bank said on Friday (Feb 7), citing preliminary data.

In the Philippines, foreign exchange transactions—particularly the buying of foreign currencies—are regulated. Individuals ...

The Bangko Sentral ng Pilipinas (BSP) said there are two foreign banks that have expressed interest in joining the country’s ...

TWO FOREIGN digital banking players are interested in entering the Philippine market, the Bangko Sentral ng Pilipinas (BSP) said.

Foreign borrowings approved by the Bangko Sentral ng Pilipinas (BSP) went down by 5.6 percent in 2024, as the national ...

MANILA, Philippines — The rural banking sector—once called a “troubled industry”—may benefit from foreign capital infusions to improve their profitability and loan quality, researchers ...

similar to the one conducted for commercial banks (Survey on the Effects of Foreign Bank Entry into the Philippine Banking System), could be carried out,” they also said. The study was based on ...

The central bank attributes the lower surplus to a higher trade deficit and net foreign borrowings by the national government ...

The Philippine central bank cites a 60.7% surge in nonresidents ... These investments include intercompany borrowing and lending between foreign investors and their Philippine units and affiliates.

PHILIPPINE RURAL BANKS have benefited from the entry of foreign capital following the industry’s liberalization in 2013, with these investments boosting lenders’ incomes and asset quality, according ...

E-wallet pioneer GCash may sell its initial public offering (IPO) to foreign investors following its decision to work with overseas banks in arranging its share sale, according to experts.