Guide on Requirements for Tonik Cash Loan Offer Application REQUIREMENTS FOR TONIK CASH LOAN – Here is a guide on the documents that you need to prepare in applying for this Tonik Bank loan offer. This year 2021, the Central Bank of the Philippines (Bangko Sentral ng Pilipinas) has approved several applications for digital bank … Read more
Update on Digital Bank Tonik Total Deposits Since its Operation Started DIGITAL BANK TONIK – The digital bank that first operated in the Philippines in March 2021 revealed its total deposits in the first 8 months. Bangko Sentral ng Pilipinas has approved several digital bank applications in 2021. The Central Bank believes that digital banks … Read more
Bangko Sentral Optimistic on PH Economy’s Recovery BANGKO SENTRAL – BSP spoke on the economy of the Philippines amid the threat of the Omicron variant of COVID-19. A lot of fields in the Philippines suffered from the impacts of the COVID-19 pandemic. It is more than a year now that the whole country is under … Read more
BSP Cites Credit Card Interest Rate Limit set amid Crisis CREDIT CARD INTEREST RATE – Bangko Sentral ng Pilipinas spoke on the limit it set for the interest rate on transactions using credit cards. Many people in the Philippines now are credit cardholders. Some individuals even have multiple credit cards that they use for several … Read more
Central Bank Speaks on National ID or PhilSys ID NATIONAL ID – Bangko Sentral ng Pilipinas (BSP) said that the Philippine Identification System (PhilSys) ID is valid and sufficient proof of identity. Under the current administration, one of those pushed is the national ID for the Filipinos to boost the accessibility of the people for … Read more
Photo of P500 Bill with Ferdinand Marcos Sr.’s Face Circulate Online P500 BILL WITH FERDINAND MARCOS SR – Bangko Sentral ng Pilipinas (BSP) released a statement regarding this photo circulating online. Currently, there are a lot of untruthful things circulating online and some entities, groups, and even private individuals are taking moves on clarifying these … Read more
BSP Speaks on Role of Digital Bank on PH Recovery DIGITAL BANKS – Bangko Sentral ng Pilipinas (BSP) spoke on the benefits of having digital banks in the country amid the crisis now. The impact of the COVID-19 pandemic has greatly affected the different fields and industries in the Philippines. Its effects are felt even … Read more
BSP Grants PayMaya A Digital Bank License PAYMAYA – The Voyager Innovations was granted a digital bank license by Bangko Sentral ng Pilipinas (BSP). Undeniably, even the essential companies, establishments, and businesses in the Philippines were affected by the COVID-19 pandemic. Although they are usually allowed to operate even under strict lockdown measures, there are … Read more
BSP Urges Banks to Observe Protocols in Delivering Services amid Metro Manila ECQ BSP – Bangko Sentral ng Pilipinas spoke on the banking services in Metro Manila amid the Enhanced Community Quarantine (ECQ). Metro Manila is currently under the strictest community quarantine measure until August 20, 2021. It is in line with the efforts to … Read more
BSP Announces Growth on BSP Remittances BSP – Bangko Sentral ng Pilipinas gave an update on the remittances of the overseas Filipino workers (OFWs) amid the COVID-19 crisis. A lot of Filipinos flew abroad to work. Truths be told that many want to seek greener pastures abroad so they can give their families a comfortable … Read more
