Tag Archives: Bangko Sentral ng Pilipinas

Official statement on cases filed by Mr. Jose Marie L. Sy against BPI

Mr. Jose Marie L. Sy, as public and court records show, had a delinquent housing loan and defaulted credit card obligations with the Bank of the Philippine Islands (BPI). Upon his default in his obligations with the Bank, BPI foreclosed against the Real Estate Mortgage he executed to secure his loan and filed a Sum of Money case for his credit card obligations.

ICT Awards copy

IT-BPO industry drives growth of PH economy as second largest source of income

The information Technology and Business Process Management (IT-BPM) industry has grown to be the second largest source of dollar income for the Philippine economy, according to the Information Technology and Business Process Association of the Philippines (IBPAP). In 2015, the industry generated 1.2 million direct jobs and US$ 22 billion in revenues.

GCash, PayMaya Philippines to collaborate on mobile money interoperability

GCash, Globe Telecom’s mobile money service, is currently in discussion with PayMaya Philippines reloadable prepaid Visa card on mobile money interoperability to help accelerate financial inclusion particularly among those without access to banking services.