Demand for Bitcoin has been surging globally since the beginning of the coronavirus pandemic, with interest reaching a fever pitch early this year. While it is not without its potential pitfalls, emerging economies are increasingly looking to cryptocurrencies as a way to drive their recoveries from the economic fallout of the virus.
Interviews & Viewpoints | Benjamin E Diokno, Governor, Bangko Sentral ng Pilipinas (BSP): Interview from The Report: Philippines 2021
What is your assessment of the BSP’s ability to mitigate the economic challenges brought about by the pandemic and facilitate recovery?
Interviews & Viewpoints | Sanjiv Vohra, President and CEO, Security Bank: Interview from The Report: Philippines 2021
Which factors help banks alleviate the economic implications of the pandemic?
Articles & Analysis | New offerings seen from Philippine banks amid Covid-19 from The Report: Philippines 2021
The Philippines is experiencing a boom in digital banking as a result of the Covid-19 pandemic, with several digital-only banks announcing plans to enter the market and legacy banks rapidly upgrading their online offerings. East-West Banking Corporation, the country’s 11th-largest bank by assets, launched its own fully digital bank, Komo, in...
Articles & Analysis | Steps to boost financial inclusion in the Philippines from The Report: Philippines 2021
The Philippines’ financial services sector entered the Covid-19 pandemic on a solid footing, thanks to decades of regulatory reform to address the vulnerabilities exposed by the 1997-98 Asian financial crisis. Strong capital buffers, high levels of provisioning and near-universal public health cover insulated the country from many of the...