Several banks in the Philippines are working together to create a peso-backed stablecoin, PHPX, aimed at improving cross-border payments and financial inclusion. The PHPX token is scheduled to ...

SINGAPORE (Reuters) - GCash, a Philippine fintech firm, has hired banks, including Citi, Jefferies and UBS, to work on an up to $1.5 billion domestic initial public offering, three sources with ...

Most banks maintained their credit standards in the fourth quarter of 2024, the Bangko Sentral ng Pilipinas (BSP) said.

The profit of banks operating in the Philippines rose by 6.4 percent to P290.1 billion from January to September last year compared to the previous year’s P272.6 billion. As of end-September ...

SINGAPORE (Reuters) -Maynilad Water Services has hired banks including Morgan Stanley and UBS to work on a more than $500 million initial public offering in the Philippines, according to two ...

A group of Philippine banks is joining forces to launch a peso-backed stablecoin, PHPX, to enhance cross-border payments and promote financial inclusion. The PHPX token is set to debut between May ...

GCash, the leading fintech platform in the Philippines, has engaged major international banks for its upcoming initial public offering (IPO), potentially set for later this year, according to a ...

SINGAPORE, Jan 10 (Reuters) - GCash, a Philippine fintech firm, has hired banks, including Citi (C.N), opens new tab, Jefferies (JEF.N), opens new tab and UBS (UBSG.S), opens new tab, to work on ...