Philippines

CIMB launches digital bank in Philippines

Malaysian lender CIMB Bank has formally began banking operations in the Philippines, with an aim to become an all-digital and…

Philippines approves bill on life imprisonment for ATM/credit card hacking

The House of Representatives in Philippines has approved a bill that proposes imposing life imprisonment for people who indulge in…

eCurrency and RCBC introduce digital cash in Philippines

eCurrency Mint (eCurrency) and Rizal Commercial Banking (RCBC) have partnered to launch digital money product in Philippines to offer affordable…

UnionBank subsidiary CitySavings to snap up PR Savings Bank in Philippines

City Savings Bank, the thrift banking unit of Aboitiz-led UnionBank of the Philippines (UnionBank), has agreed to acquire Philippine Resources…

ANZ to exit retail banking business in Philippines

Australia and New Zealand Banking Group (ANZ) has announced plans to close its retail banking business in Philippines, in a…