Union Bank of the Philippines (UnionBank) has invested an additional PHP 300 million in its digital bank, UnionDigital Bank.
The bank is redirecting funds from a stock rights offering (SRO) to support the digital bank’s expansion.
UnionDigital has acquired 1.73 million customers within its first four months of operation and reported net profits in the first quarter of 2023.
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.
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