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  2. Digital banks in the Philippines - Wikipedia

    en.wikipedia.org/wiki/Digital_banks_in_the...

    Digital banks in the Philippines are a new formal category of banks which were only approved by the Bangko Sentral ng Pilipinas (BSP), the country's central bank, in 2020. [1] The first such banks launched in the Philippines were Tonik, Overseas Filipino Bank, and UnionDigital of UnionBank Corp.

  3. Tonik (bank) - Wikipedia

    en.wikipedia.org/wiki/Tonik_(bank)

    Tonik Digital Bank, Inc., commonly known as Tonik, is an all-digital bank which was launched in the Philippines in 2021, [1] notable for being the first all-digital bank, or "neobank" in Southeast Asia. Its consumer products range from deposits, payments, debit cards, and loans.

  4. List of banks in the Philippines - Wikipedia

    en.wikipedia.org/wiki/List_of_banks_in_the...

    The Philippines has a comprehensive banking system encompassing various types of banks, from large universal banks to small rural banks and even non-banks.As of September 30, 2022, [1] there were 45 universal and commercial banks, [2] 44 savings banks, [3] 400 rural and cooperative banks, [4] 40 credit unions and 6,267 non-banks with quasi-banking functions, all licensed by the Bangko Sentral ...

  5. EastWest Bank - Wikipedia

    en.wikipedia.org/wiki/EastWest_Bank

    In 2020, East West Banking Corporation (EWBC) was one of the few local banks in the Philippines that was granted a license by the Bangko Sentral ng Pilipinas (BSP) to launch a fully-digital bank which will operate under its wholly-owned subsidiary, EastWest Rural Bank, Inc. The new digital banking arm of EastWest will carry the brand name, Komo ...

  6. 5 Ways Digital Banks Are Attracting Middle-Class Savers - AOL

    www.aol.com/finance/5-ways-digital-banks...

    More than 25% of respondents to a recent GOBankingRates survey said they did all their banking online. While some use the digital tools that brick-and-mortar banks provide, others choose accounts ...

  7. Online banks vs. traditional banks: How they compare on rates ...

    www.aol.com/finance/online-banks-vs-traditional...

    Americans already do most of their banking online — at least 7 out of 10 U.S. households are enrolled in digital banking, according to a recent survey on digital financial literacy, with 95% of ...

  8. New generation of digital banks bets on minority markets - AOL

    www.aol.com/news/generation-digital-banks-bets...

    Hoping to address some of these issues, Simmons has co-founded Daylight, an online banking provider focused on the LGBTQ community that is set to launch this summer. New generation of digital ...

  9. Overseas Filipino Bank - Wikipedia

    en.wikipedia.org/wiki/Overseas_Filipino_Bank

    The Overseas Filipino Bank (OFBank) is the state-owned digital-only, branchless bank in the Philippines.Formerly known as the Philippine Postal Savings Bank (PPSB) or PostBank, it is the smallest of the Philippines' three state-owned banks (the others being Land Bank of the Philippines and Development Bank of the Philippines), and is the 16th largest thrift banks in terms of assets.

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