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  • BSP sees growth in e-payments

    July 24, 2019

    THE BANGKO SENTRAL ng Pilipinas (BSP) is optimistic it will achieve its target to have digital transactions at 20% of total settlements by 2020, its chief said on Tuesday. In a speech during a luncheon meeting with the European Chamber of...

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  • Onboarding the un(der)banked

    May 27, 2019

    With the emergence of the Internet in the 1990s and the improvement in broadband in the early 2000s, online banking has started becoming the norm. Fast forward a decade later, the adoption of smartphones has further accelerated the use of doing...

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  • Bridging the gap

    April 11, 2019

    In March, BDO Universal Bank President Nestor V. Tan turned over the leadership of the Bankers Association of the Philippines (BAP) to Bank of the Philippine Islands (BPI) President and Chief Executive Officer Cezar “Bong” P. Consing. Mr....

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  • Cost of sending money to PH the lowest in region

    April 10, 2019

    High remittance costs are limiting the gains that migration delivers to poor and developing countries, the World Bank said, but the Philippines appears to be an exception. In a report, the World Bank said remittance fees to the Philippines were...

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  • BSP sees big strides in fin’l inclusion

    February 01, 2019

    The Bangko Sentral ng Pilipinas (BSP), known globally as a leader in financial inclusion (FI) initiatives and programs, said it expects to achieve more in terms of advancing FI in the country through digitalization. The BSP recently released its...

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