All 121 Banking reports from the Media Meter Report Library, newest first.
The peso closed at a record low of P63.615 to the dollar for a fourth straight day while the stock index fell, and economists expect the central bank to keep raising interest rates into 2027. Coverage also tracked Revolut's bid for a Philippine digital bank license and a consumer group's push to treat digital trust as a business asset.
UnionBank moves to fold its digital bank and fintech arm into the parent lender, Visa says stablecoin adoption in the Philippines has no fixed timeline, and Globe Business pitches fraud defenses as the new anti-scamming law takes effect. A Supreme Court ruling against recent national budgets and a Quezon City fire-response plan round out the day's coverage.
The peso closed at a record 63.615 to the dollar after the central bank's 50-basis-point hike, and analysts expect further increases. Banks reported mixed earnings, UnionBank moved to absorb its digital units, and Mynt's shares traded below their offer price in the first week.
The peso closed at a record ₱63.361 to the dollar on its 34th all-time low this year, a day before the central bank decides whether to raise rates by a quarter point or half. GCash parent Mynt's record IPO drew 140,000 retail buyers but closed flat, and Moody's flagged stress in small-business and consumer lending.
Mynt Inc., the parent of GCash, raised a record P60.9 billion in the Philippine Stock Exchange's largest-ever IPO, closing flat at P6.60 on its first trading day. The listing drew 140,725 retail investors through the GCash app and put digital banking and a GSave outage on the same day's agenda.
Mynt, the parent of GCash, lists on the Philippine Stock Exchange on October 20 as the peso closes at a record low of P63.09 to the dollar and the balance of payments posts its widest nine-month deficit. Digital banks GoTyme and Salmon report expansion, and a BSP-hosted regional dialogue takes up scam prevention.
Mynt Inc., the operator of GCash, lists on the Philippine Stock Exchange on Oct. 20 while economists expect the Bangko Sentral ng Pilipinas to raise rates again on Oct. 22. Fraud studies and consumer credit data show where household finances are under strain.
Mynt's GCash listing is set to raise up to ₱60.9 billion on Oct. 20 as the peso hits a record low past 63 to the dollar. Banks face a shift away from SMS one-time passwords, and cash on delivery still holds about 23% of e-commerce value.
GCash's parent company priced a record $966-million Philippine initial public offering while banks and consumer lenders spent the same day pushing installment, card and deposit offers. Reddit users raised unanswered questions about document requests, payment posting and a one-time password read into a bank's phone system.
Mynt Inc., the parent of mobile wallet GCash, closed an oversubscribed offer period for the Philippines' largest-ever share sale ahead of an October 20 listing, while the peso closed at a record low of P63.06 to the dollar and a study showed cash-on-delivery still accounts for about 23 percent of Philippine e-commerce value.
The House prosecution dropped three of four impeachment articles against Vice President Sara Duterte, leaving a single unexplained-wealth charge as representatives of eight major banks were called to testify. Separately, GCash parent Mynt closed an oversubscribed initial public offering priced at ₱6.60 a share.
The Senate impeachment court dropped three of four charges against Vice President Sara Duterte, leaving an unexplained-wealth case built on P817.87 million in allegedly undeclared assets. The same day, Mynt's GCash initial public offering closed oversubscribed ahead of an October 20 listing.
