Philippine central bank to stop accepting new applications for...

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2025-09-28 07:23:54 -

Philippine central bank to stop accepting new applications for digital bank licenses

The Philippine central bank Bangko Sentral ng Pilipinas (BSP) announced Thursday that it will stop accepting new applications for digital bank licenses starting December 1, 2025. The bank said in a statement that the closure of the application window follows the Monetary Board’s approval of a moratorium on digital bank licensing on September 18, 2025. The moratorium will remain in...

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