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BSP OKs full operationof 6 licensed digibanks

THE Bangko Sentral ng Pilipinas (BSP) announced last Wednesday that all six licensed digital banks in the Philippines may now pursue full operations, after the regulator issued to each of the two remaining digital banks a Certificate of Authority to Operate. In a statement, the Central Bank said the most… ....

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Bangko Sentral: 6 PH digital banks now allowed to fully operate

Bangko Sentral: 6 PH digital banks now allowed to fully operate ....

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Digital transactions hit P8.5 billion in H1

Transactions processed by digital banks reached P8.5 billion in the first half and are seen to rise further as all entities granted licenses by the Bangko Sentral ng Pilipinas are now fully operational. ....

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6 digital banks now in operation

The Bangko Sentral ng Pilipinas (BSP) announced on Wednesday, Aug. 24, that the country’s six digital banks are now operational.
Of the six, three are fully operational but the other three are still on a limited run.
Government-owned Overseas Filipino Bank Inc. A Digital Bank (OFBDB), Tonik Digi ....

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Digital banks to support economic recovery–BSP

DIGITAL banks are expected to support economic recovery this year, through increased financial accessibility among micro, small and medium enterprises (MSMEs), Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said on Tuesday. Digital banks, unlike brick and mortar banks, have no physical branches. Their financial products and services are… ....

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