Category: Banking & Financial Services
Philippines Banking & Financial Services
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Analysis by Region - Emerging Markets - Philippines
... Philippines We forecast the Philippines' economy will expand by 5.9% this year, below the government's target (6.0%-7.0%). This reflects a slow improvement in domestic demand and a limited boost to exports from the AI boom. Read More
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Philippines International Remittance Market Business and Investment Opportunities - Analysis by Transaction Value & Volume, Inbound and Outbound Transfers to and from Key States, Consumer Demographics – Q3 2024
... remittance market in Philippines has increased at 2.5% during 2023 to reach US$39,834.2 million in 2024. Over the forecast period (2024-2028), market size is expected to record a CAGR of 1.4%, increasing from US$38,854.8 million ... Read More
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Philippines Embedded Finance Business and Investment Opportunities Databook – 75+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments - Q2 2024 Update
... to grow by 22.7% annually to reach US$1,622.6 million in 2024. The embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 35.0% from 2024 to 2029. The country's ... Read More
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Philippines Alternative Lending Market Business and Investment Opportunities Databook – 75+ KPIs on Alternative Lending Market Size, By End User, By Finance Model, By Payment Instrument, By Loan Type and Demographics - Q2 2024 Update
... According to PayNXT360, the alternative lending in the country is expected to grow by 25.5% on an annual basis to reach US$492.7 million in 2024. Medium to long term growth story of alternative lending in ... Read More
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Macroeconomic Outlook Report: Philippines
... activities (20.0%). In nominal terms, the three sectors are expected to grow by 9.2%, 8.9%, and 9.1%, respectively, in 2024. Four major regions in the Philippines generated around 36.6% of the country’s GDP and were ... Read More
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Philippines Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Market Size and Forecast; Spend Analysis by Digital / e-Gift Card, Retail and Corporate Consumers, Top Retailers, Distribution Channel, Occasions, Retail Sectors, Function (Open Loop, Closed Loop), City Type, and Demographics – Q2 2024 Update
... Sectors, Function (Open Loop, Closed Loop), City Type, and Demographics – Q2 2024 Update According to PayNXT360, gift card industry in the country is expected to grow by 10.8% on annual basis to reach US$0.7 ... Read More
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Philippines Buy Now Pay Later Business and Investment Opportunities Databook – 75+ KPIs on BNPL Market Size, End-Use Sectors, Market Share, Product Analysis, Business Model, Demographics - Q2 2024 Update
... in the country are expected to grow by 18.0% on an annual basis to reach US$2,801.2 million in 2024. The medium to long-term growth story of the BNPL industry in the country remains strong. BNPL ... Read More
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Philippines Gift Card Market
... to 2031. Philippines Gift Card Market, By Product (Physical Cards and E-Gift Cards), Functional Attribute (Closed Loop, Universal Accepted Open Loop, and E-Gifting), Industry Vertical (Retail and Corporate Institutions), Usage (Domestic and Cross-Border), Merchant Type ... Read More
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Banks in Philippines
... players including key financial metrics and analysis of competitive pressures within the market. Key Highlights The banking industry involves the activities of banks and similar institutions that offer financial services such as savings, loans, mortgages, ... Read More
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Philippines Cards and Payments: Opportunities and Risks to 2028
... including - Current and forecast values for each market in the Filipino cards and payments industry, including debit, credit and charge cards. Detailed insights into payment instruments including cash, credit transfer, card, and cheques. It ... Read More
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Economy of Philippines - 2024
... the context of its own region it emerges as a country that has achieved steady growth rates over several decades and continues to make progress industrially. Social progress lags due to its rapid population growth. Read More
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Philippines Remittance Market Size and Forecast (2018-2028)
... crucial support system for millions of Filipino families. Notably, the Philippines ranks as the world's fourth-largest remittance market, trailing behind India, China, and Mexico, as outlined by the World Bank. These remittances from overseas Filipinos ... Read More
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Debit Cards in the Philippines
... making cash withdrawals. This was because most people were either unaware that they could use their debit card to make cashless transactions or were reluctant to use them because of security concerns. However, the COVID-19 ... Read More
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Pre-Paid Cards in the Philippines
... especially for lower-income Filipinos. These developments were primarily driven by the state-run Land Bank of the Philippines - LBP as it continued to collaborate with different government agencies. The bank is strengthening its partnership with ... Read More
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Credit Cards in the Philippines
... reflects local consumers’ resurgence in terms of shopping, travelling and purchasing goods after around two years of COVID-19 lockdown and other restrictions. The notable increase in credit card billings serves as an indicator of heightened ... Read More
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Financial Cards and Payments in the Philippines
... stabilise, the Philippines continues to experience robust growth in both volume and value terms within digital payments. This growth is observed across various areas of financial cards and payments. Notably, travel, dining, entertainment and e-commerce ... Read More
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Consumer Credit in the Philippines
... options, particularly salary-based general purpose loans. Meanwhile, the performances of some categories, such as auto and home lending, have come under pressure, partly due to the higher interest rates introduced during the year. Economists point ... Read More
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Consumer Lending in the Philippines
... share of consumers also resorted to loans to manage their expenses. Notably, there has been a rise in loans, especially in credit cards and personal loans. The Bangko Sentral ng Pilipinas (BSP), the central bank ... Read More
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Philippine Bank of Communications - Strategy, SWOT and Corporate Finance Report
... the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Philippine Bank of Communications (PBCom) offers a range of banking and related financial ... Read More
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Philippine National Bank - Strategy, SWOT and Corporate Finance Report
... structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Philippine National Bank (PNB), a subsidiary of LT Group Inc, is a provider of a ... Read More
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Philippines Ecommerce Market Opportunities Databook - 100+ KPIs on Ecommerce Verticals (Shopping, Travel, Food Service, Media & Entertainment, Technology), Market Share by Key Players, Sales Channel Analysis, Payment Instrument, Consumer Demographics - Q2 2023 Update
... According to PayNXT360’s, Ecommerce market in Philippines is expected to grow by 15.44% on annual basis to reach US$14.2 billion in 2022. Medium to long term growth story of Ecommerce industry in Philippines promises to ... Read More
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Philippines Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend - Q2 2023 Update
... dynamics: Understand market opportunity, industry dynamics, key trends and drivers across 75+ market segments and sub-segments of prepaid payment instrument in Philippines. Develop market specific strategies: Identify growth segments and target specific opportunities to formulate ... Read More
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Philippines PESTLE Insights - A Macroeconomic Outlook Report
... and hotels activities (19.9%). In nominal terms, the three sectors are expected to grow by 11.9%, 11.4% and 11.6%, respectively, in 2023. Four major regions in the Philippines generated around 40.7% of the country’s GDP ... Read More
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Philippines Auto Finance Market Outlook to 2027
... terms of auto loan disbursed. The report has market segmentation which include segments by category of lenders, by nature of vehicle, by type of vehicle financed, by type of vehicle financed by banks, by type ... Read More
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Philippines Banks Market Summary, Competitive Analysis and Forecast to 2027
... profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights The banks industry profile comprises activities of banks and similar institutions, offering savings, ... Read More