GoTyme Bank and PayMongo Philippines, Inc. have signed a pioneering partnership to expand financial inclusion among small- and medium-size enterprises by making business loans more accessible under PayMongo’s merchant ecosystem.
Three courts in General Santos City, South Cotabato have convicted former officers of the closed Sarangani Rural Bank, Inc. (SRBI) for violating the Bangko Sentral ng Pilipinas’ (BSP) Manual of Regulations for Banks (MORB), the General Banking Law of 2000, and the Revised Penal Code.
Union Bank of the Philippines on Monday started the public offer of its 1.5-year senior fixed rate series F bonds due 2025 and its 3-year senior fixed rate series G bonds due 2026. The offer ends 29 November.
Small and medium-scale enterprises (SMEs) stand to gain several benefits if they digitalize their payment processing, among them increased business efficiency and lower expenses,...