June 02, 2023

Time under the sun

After spending his birthday golfing, PNB’s CEO and President Jose Arnulfo “Wick” Veloso is once again seen spending time under the sun with a golf club in hand.

On his Instagram, the Bankero reshared a tagged photo of him and his golfing buddies.

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LandBank provides P1.55B in loans to sugarcane sector for enhanced productivity

June 2, 2023

LandBank of the Philippines extends P1.55 billion in loans to the sugarcane sector, benefiting thousands of individuals and promoting productivity through the Socialized Credit Program-Sugarcane Industry Development Act (SCP-SIDA).

UNO Digital Bank and 1Sari Financing collaborate to offer loans to small stores

June 2, 2023

UNO Digital Bank Inc. and 1Sari Financing Corp. have partnered to provide loans to approximately 1.3 million community retail stores, aiming to address the limited access to capital faced by these small enterprises in the Philippines’ sachet economy.

Japan Bank expresses interest in Philippines’ sovereign wealth fund, eyes collaboration

June 2, 2023

Japan Bank for International Cooperation (JBIC) Shows Interest in Philippines’ Maharlika Investment Fund, Signals Potential Partnership.

Tan and Dee re-elected to lead BancNet, unveil plans for 2023

June 2, 2023

Nestor V. Tan and Fabian S. Dee have been re-elected as chairman of the Board and president, respectively, of BancNet, with plans to continue expanding digital payments through initiatives such as interoperable BillsPay Ph and QR Ph code adoption.

Visa expects confidence in online payments to grow in the Philippines

June 2, 2023

Visa predicts that confidence in digital payments will continue to rise in the Philippines, citing convenience and benefits as key drivers, with 62% of respondents carrying less cash due to the availability of digital options and 30% believing the country will become cashless by 2025, according to the Visa Consumer Payments Attitude Study 2023.

PayMongo aims to double transaction volume, focusing on travel, food, and events sectors

June 2, 2023

PayMongo Philippines, Inc., a merchant payments solutions provider, aims to double its transaction volume this year, driven by growth in the travel, food and beverage, and events sectors, as Filipinos increasingly embrace digital payments.

Time under the sun

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