Take a look at the interest rates of digital banks in the Philippines for December 2023.
GoTyme Bank, a digital banking joint venture between Gokongwei Group and Tyme, nears one million customers with fast onboarding and unique kiosk services.
Acquiring the certificate is the third and final step to enabling these financial institutions to start full operations.
The digital bank received the certificate, the third and final stage involved in establishing a digital bank in the country, last July 29.
BSP announced that it will no longer be receiving applications for new digital banks including banks wanting to convert their status from 1st September 2021.