The bank set aside ₱13.3 billion to cover loans it expects may not be repaid, citing a weaker macroeconomic outlook.
The funding adds to Atome’s expansion efforts as traditional banks increasingly back fintech firms offering flexible financing options.
Monthly payments are reshaping how households judge affordability, with many now focusing on what fits the budget rather than the total price.
Stocks opened July on a positive note, but the peso weakened for a second straight session, reflecting mixed signals across Philippine financial markets.
The move removes InstaPay and PESONet fees for millions of users and raises questions on how banks will price digital transactions moving forward.
Local stocks recovered from the previous session’s losses while the peso posted a strong comeback against the US dollar.
Protect yourself from public shaming against lenders.
BPI expands peso-based access to international investing.
From economic pressures and career goals to higher relationship standards.
Utang na loob should not be a forced retirement plan used to guilt the next generation.
