The insurance group is reportedly seeking to bolster its presence in the region.
AIA Group Ltd. is said to be in advanced talks to buy MediCard Philippines Inc., to boost its foothold in Southeast Asia.
AIA and MediCard are on the late stage of finalizing the details of a purchase transaction and could possibly reach an agreement after AIA insurance company outbid other interested parties, firms and investment funds, a report said.
Details of the purchase are yet to be announced.
A local court has found the owner and operator of Globexmc Foreign Exchange Services guilty of violating Bangko Sentral ng Pilipinas rules.
Secure your hard-earned money with Metrobank’s Online Time Deposit, providing competitive interest rates starting at 4%, accessible through easy online account opening, ensuring steady growth and financial peace of mind.
Maya and Grab Philippines collaborate to enable fee-free, direct transactions through mobile number linking, promoting cashless adoption and offering financial benefits to users.
UnionBank introduces two new wealth management programs, UnionBank Elite and UnionBank Access, leveraging acquired strengths from Citigroup.
In a groundbreaking partnership, GoTyme Bank and PayMongo Philippines collaborate to provide seamless and fully digital SME financing, offering loans of up to P500,000 through a streamlined application process and instant approvals for eligible merchants.
Maya, recognized as the Best Digital Bank in Southeast Asia, showcased the Philippines’ leadership in driving digital banking adoption during the Singapore Fintech Festival.
All rights reserved.
