Rural banks turned digital banks: Boon or bane?
The Bangko Sentral ng Pilipinas (BSP) lifted the moratorium on new digital banking licenses this year, allowing 10 digital banks to operate in the country. This means that it will grant four available slots for new and existing players if it meets the BSP’s requirements. This aligned with the central bank’s goal to harness the […]
Boracay News Syndicated Daily 
The Bangko Sentral ng Pilipinas (BSP) lifted the moratorium on new digital banking licenses this year, allowing 10 digital banks to operate in the country. This means that it will grant four available slots for new and existing players if it meets the BSP’s requirements. This aligned with the central bank’s goal to harness the […]
