Limit of seven licenses for digital banks consistent with regional peers--Fitch Ratings

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Published at : September 01, 2021

#BusinessWorldLive | Fitch Ratings’ Financial Institutions director Willie Tanoto says limiting the number of digital banks in the Philippines to just seven is consistent with its regional peers. He also notes this would not become a hindrance to the Bangko Sentral ng Pilipinas' goal of financial inclusion.

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