Take a look at the interest rates of digital banks in the Philippines for November 2023.
As per Smart, those with Plan 999 who have upgraded their Maya Savings account will have at most 7% interest per year, credited daily.
The new set of exclusive deals for its users will allow them to boost their savings and save on fees through promos and other deals.
Currently, Maya offers a 4.5% annual interest rate, with earnings credited daily. Users can boost it to 6% on their first P100,000 for the next 30 days.
The Central Bank confirmed to BitPinas that it checked the situation of the local exchanges to see if they were affected by the FTX’s collapse.
Angelo Madrid, President of Maya Bank shared his insights on the topic of blockchain regulation. Should blockchain be regulated or not?
Maya Bank just revealed that it already has 1 million registered customers and has already reached ₱ 10 billion in deposits.
The bank also reached 650,000 customers after securing the approval of the BSP to operate as a digital bank a year ago.
Acquiring the certificate is the third and final step to enabling these financial institutions to start full operations.
Dogecoin, ApeCoin, Stellar, Avalanche, and Algorand will be added in the Maya app.