UnionBank is the latest to receive the licence after Landbank's Overseas Filipino Bank, Tonik Bank, and UNOBank.
July 31, 2021Tencent-backed Voyager Innovations, Philippine National Bank, RCBC, South Africa's TymeBank, UnionBank, and EastWest Bank are among the applicants.
July 2, 2021Banks that do not meet specified conditions are prohibited from marketing themselves as digital banks, the BSP said in a circular.
June 18, 2021Under the digital banking framework approved by the BSP in November, the number of digital bank licences is capped at five.
April 26, 2021