Landbank wants to bolster financing to farmers and fishers.
Land Bank of the Philippines intends to put up an agricultural-hub in Bongabong, Oriental Mindoro to offer accessible financing to farmers and fishers. The said agri-hub is set to be constructed beginning this month and is set to be inaugurated in late December. Currently, there are 10 existing agri-hubs nationwide. Landbank said the initiative is seen to boost economic opportunities in provinces and surrounding areas.
In a strategic move to boost financial inclusion and innovation, Salmon welcomes Franchette Chingcuanco-Cardona as Chief Marketing Officer, leveraging her extensive experience in fintech and financial services.
OwnBank, following its 2021 digital transformation, reenters the Philippines market with an enhanced mobile banking platform offering one of the highest savings interest rates at up to 8% annually.
Rizal Commercial Banking Corporation provides Overseas Filipino Workers (OFWs) worldwide access to a variety of digital banking services through its recently launched RCBC Pulz app.
Standard Chartered Bank establishes its wholly-owned subsidiary, Standard Chartered Group Services Manila Inc., in the Philippines, citing the country’s youthful workforce and strategic regional location as key factors, with the new entity expected to be fully operational in 2024.
Packworks and 1Sari Financing Corp. have joined forces to provide secure and affordable inventory financing services to over 270,000 unbanked sari-sari stores in the Philippines, offering a starting credit line of P2,500 through an in-app service.
Metropolitan Bank & Trust Co. proudly announces its second consecutive ‘Best Bank of the Year’ accolade from ‘The Banker,’ a prestigious financial publication.
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