Total of 6 Digital Banks to Operate in Philippines

Millions of students across the Philippines have returned to the classroom on Monday, after one of the world’s longest school closures.

Almost half the country’s schools resumed in-person classes after more than two years of distance learning.

From January to June 2022, the volume and value of electronic payments and financial services processed through digital banks reached 1.4 million transactions and P8.45 billion, respectively.

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