A digital representation of Philippine digital banks, highlighting their competitive interest rates and innovative banking services.

Exploring the Competitive Interest Rates of Philippine Digital Banks in November 2023

In the dynamic financial landscape of the Philippines, digital banks have emerged as a revolutionary force, particularly noted for their currently more attractive interest rates. This shift towards digital banking was catalyzed in 2020 when the Bangko Sentral ng Pilipinas (BSP), under the leadership of then-Governor Felipe Medalla, formally recognized “digital bank” as a distinct […]

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