BPI launches new credit payment system for mobile traders
Bank of the Philippine Islands launched on Friday a system that would allow business owners to use their smartphones or tablet computers to accept credit payments.
Bank of the Philippine Islands launched on Friday a system that would allow business owners to use their smartphones or tablet computers to accept credit payments.
Bank of the Philippine Islands and the Department of Tourism have teamed up to pursue a four-pronged initiative that will involve the use of banking infrastructure to support the tourism industry.
Philippine lender Bank of the Philippine Islands said Wednesday it was in talks to acquire local rival Philippine National Bank to create potentially the country’s largest financial institution.
As the shift to wellness becomes more apparent in the country’s culture, more Filipinos have been attracted to achieving several kinds of wellness including physical, mental and spiritual.
The “superficial” 25-basis-point interest rate cut sanctioned by the Bangko Sentral ng Pilipinas last week may spoil the Philippines’ chance of getting an immediate sovereign ratings upgrade and boosting growth this year, economists from Bank of the Philippine Islands said.
