Maya: Your One-Stop App for Financial Growth Start investing with just P50 with Maya Funds

Want to invest but don't know where to start? Maya, the #1 Digital Banking App in the Philippines, makes it simple. With just P50, you can begin investing in local and global companies like Apple, Microsoft, PLDT, and SM through Maya Funds, its newest feature.  

Maya is your ultimate platform whether you're a newbie or an experienced investor. The beauty of Maya is its all-in-one digital banking experience. You can manage all your financial needs, from investing and saving to spending and borrowing, right within our easy-to-navigate app.  

And here's the clincher: No extra fees. Our partners’ management fees are seamlessly integrated into the fund's Net Asset Value Per Unit (NAVPU), ensuring transparent growth for your investments. Plus, we don't burden you with transaction fees, allowing your money to work tirelessly for you. 

Practice these money-managing tips to improve your finances with Maya

If you're looking to improve how you manage your finances, having the right tools can make a big difference in simplifying your experience. Knowing good money "hacks" can help you save on fees and maximize rewards. 

Maya, the country's #1 digital bank app, combines the best payments, savings, credit, and crypto in one seamless experience, simplifying money management. It's also known as the most rewarding finance app, offering cashback and one of the highest interest rates for your savings. 

Here are four tips featuring exclusive Maya promos for you to take advantage of this April: 

Build up your savings. Remember: you can always grow your money. You don't need significant cash on hand to start saving. Maya offers the best-in-class savings account with daily interest crediting at 4% p.a., one of the highest in the industry. And you can boost your savings by up to 10% p.a. just by using Maya for your daily payment transactions. The boosted rate of up to 10% p.a. applies to deposits up to P100,000. 

Jumpstart your money goals this 2023

Commit to saving more with these exclusive deals from Maya

 

New year, new goals! We all want to live through the year in a financially secure position. If you’re looking for a way to jumpstart your money goals this 2023, fret not! Maya, your all-in-one digital bank, has got you covered.

Whether you are looking for ways to save on shopping, travel, boost your savings, or get your bills covered, Maya runs down tips and tricks to master your money and get you closer to your 2023 money goals!

 

Boost your savings

Grow your hard-earned savings with up to a massive 6% p.a. with Maya Savings for deposits up to P100,000. All you have to do is spend a total of PHP 250.00 on bills, load, or Maya payments (QR code, card, or online). In excess of P100,000, you also earn a base interest rate of 4.5% p.a on your deposits up to P5 million. You also get to watch your money grow as savings interests are credited to your account, daily!

GCash helps OFWs support their families and manage their finances

This National Heroes Day, we not only celebrate the names in our history books, but also the millions of overseas Filipino workers (OFWs) who sacrifice every day to provide for their families back home and create a brighter future for themselves. 

While working overseas is a dream for many, it comes with its own set of challenges and sacrifices such as not being physically present for milestones of loved ones or not being able to take full control of where the money they send really goes to. 

This is why GCash has designed its features to be accessible to Filipinos overseas. It’s hard enough to be away from home, and being able to support our families should not be any more difficult. 

Those based in the Philippines have experienced the ease and convenience GCash has to offer, and those abroad can experience the same, too. 

Banking Giant BDO and Huawei Collaborate to Provide Inclusive Financial Services for Filipinos

More than 50 million citizens — over half the population — do not use any form of online banking.

The average person in the Philippines spends more time on the Internet than any other country in the world. Filipinos are online over 11 hours each day, compared to a global average of just six hours. Indeed, with a total population of more than 100 million, 71% of Filipinos are active Internet users, creating the perfect environment to develop the country’s digital economy through Financial Technology (also known as FinTech).

Despite being the most active online, more than 50 million Filipinos — over half the population — do not use any form of online banking. According to an official government report published in 2019, only 8% of Filipino adults have an active online account. This, combined with the 97% of Filipinos who still trade in cash, has created increased risks during the global pandemic when in-person interactions are limited.

The Role of Finance Influencers in Marketing Campaigns

Risk is defined as the possibility of something bad to happen. Often focused on negative or undesirable consequences; it involves uncertainty about the effects or implications of activity with respect to something that humans value. Risk might damage your assets and your life which is why it is important to manage the risks and that management oftentimes involves finance.

Finance is about managing your money through expenditure, investments, and savings; under various life events and risks. 

In business, it is considered as the foundation. Finance  for business which involves the management of financial resources and financial activities of the organization is very important for the business’ success and sustenance.

For Home Credit, being good at budgeting is as easy as Juan, Two, Three

Imagine a world where everyone is empowered to handle their finances. Here, people from different walks of life know how to make informed financial choices, whether it be on budgeting, saving, or borrowing. Even complex financial concepts such as “compound interest” are understood by many.  

This world was the exact vision brought by Prague-based consumer finance company Home Credit when it first started its operations in the Philippines five years ago. Though this may seem far-fetched, given the latest figures from the Bangko Sentral ng Pilipinas (BSP) for 2017 stating that 77 percent of Filipino adults remain unbanked and 52 percent are unable to allocate money for savings, Home Credit Philippines (HCPH) made it its mission to bridge the gap in making more Filipinos included in the financial system. The company provides in-store loans to customers with minimal requirements, requiring only two (2) valid IDs, and offers other financial products such as cash loans and credit cards. 

Impressive Growth of 65% BY 1Cooperative Insurance System

2018 has been a great year for 1CISP (1Cooperative Insurance System of the Philippines) which has had their 45th Annual General Assembly held at Crowne Plaza with good news about their growth. This sends positive outlook for the company with further growth in the coming years.

The announcement made at the press briefing led by 1CISP president Roy S. Miclat, he revealed that 1CISP’s total assets as of end-2018 has reached P2.57 billion, an impresive 65% increase from the cooperative’s total assets of P1.55 billion in 2017.  Also joining the presentation were Brig. Gen. Teodoro P. Evangelista, Chairperson and 1CISP Directors Imelda S. Magabilen and Sec. Senen Bacani. 

Welcoming a Fresh Start for Your Finances

Let the New Year mark new beginnings when it comes to your money

New Year, New You.

For many of us, the start of the year is a much welcomed trigger to change or improve upon any habits we have. This rings especially true when it comes to our money habits, so it’s quite common to hear ourselves saying, “I’ll be more responsible with my money this year.”

Payoneer Forum Opens More Insights For The Growing Digital Economy

Payoneer regional head and country manager Miguel Warren
 offers support for the SME BPOs and freelance professionals
and help enable their businesses to go global.

Global fintech company Payoneer successfully staged their flagship event, “The Payoneer Forum: Go Beyond and Expand Globally” recently held at the SM Aura SMX Convention Center in Taguig City. 

In addition to attracting Manila-based freelancers, business owners and online entrepreneurs to the forum, Payoneer also flew in several delegates from the provinces for free in order to include enterprising Pinoys from the rural areas.

The forum provided information and ideas for the growing community of Filipino digital entrepreneurs, startup BPOs and freelancers, equipping them with knowledge about industry trends and expanding a business globally.

I Still Have Finance Faith In Banks

As the economy progresses, more people are saving and investing their hard-earned money in banks. However, a lot has happened in the past few weeks that involved banks and their operations. It was alarming for the banks as well as the clients which caused major concerns and doubt with these institutions.

Another incident that happened recently is when a UnionBank employee was arrested for allegedly stealing P17 million from a UnionBank branch in Pasig City. The arrest was made after an unauthorized cash transfer from the bank's Ortigas Cash Center to its Caloocan Cash Center was discovered to allegedly cover-up the theft.

As the news came out in social media, there have been a lot of speculations and fears when it comes to banking. Many are now afraid of putting their savings in banks and were opted to keep them in their own hands. But this avoidance from dealing with banks is doing more harm than good.

Home Credit is all smiles with rebrand

With Home Credit's new logo, HC takes on another meaning: happy customer

Their rebrand comes with a smile—in more ways than one.

Home Credit Philippines, a company that allows customers to avail of gadgets, appliances and other goods through installment with simple requirements, recently unveiled a new, modern look. It is part of a worldwide rebrand that includes Home Credit's home country Czech Republic.

Crowdsource the BLISS of a #LiveFreePH

How do you feel about the future? Is your family doing okay? Are the people around you hopeful or gloomy? With the Brighter Life Index: Social Sentiment or BLISS, Sun Life will show how optimism, prosperity, and the bayanihan spirit can produce a positive ripple from ourselves to our loved ones and to the community where we live.

BLISS is a Facebook application that aims to get the pulse of Filipinos about their current financial situation as well as their outlook for the future.

CFA Society Philippines Holds First Philippine Retail Investment Conference

CFA Society Philippines, the premier association of investment professionals in the country, will hold the first Philippine Retail Investment Conference on 28 May 2014 at SMX Aura Premier to help raise financial literacy among Filipino investors. The conference will bring together top Filipino finance executives and foreign investment professionals to share investment best practices and advice on how to become smart investors.

Bangko Sentral ng Pilipinas Governor Amando Tetangco, Jr. will be the keynote speaker in the conference. Other speakers include Charles Yang, CFA, chair of the board of governors of CFA Institute together with Andrew Stotz, CFA, president of CFA Society Thailand who will share about the core principles to managing wealth; and Alan Lok, CFA, director of capital markets policy, Asia Pacific, at CFA Institute based in Hong Kong, will discuss lifestyle planning for investors.

The Search Starts and Ends at bpiloans.com!

Want to buy a car? A house or a condo? Planning to start a business? Wanting to know if what you have is enough to get all these and more? These are big questions in life that require research. Let’s face it, everything can be found online. The question is who should you trust and who can you go to? The credibility of our sources will determine the effectivity of our search. Today, when critical decisions are to be made, we simply consult the internet. It has been our trusted friend but it will only lead us to various sites wherein the ultimate decision to narrow our search for answers still rely on us. We click and search for familiar links and then click some more. Now, if you are searching for answers to such big ticket items, the search starts and ends on one site. The country's biggest thrift bank, BPI Family Savings Bank, recently introduced more improvements in its one-stop online shop BPILoans.com to provide its growing clientele a seemless customer experience. 

BPI Gets More Exciting This Year!

We were at another meeting again with the people from BPI (Bank of the Philippine Islands) and they have more news with the new technologies and systems that is now being introduced to the public. From Online Banking, to the BEA Online and Kiosksand the Deposit Machines, they have launched their TVC and has garnered thousands to millions of views just days after its airing on national TV.

AIG bullish on construction opportunities in the Philippines

International Insurance leader AIG is bullish on new construction opportunities as the economic boom in the Philippines triggers further expansion in the large-scale building sector.

Based on the 2014 Philippine Report, the construction sector is one of the fastest growing industries in the country, with a 32.5% growth in the first quarter of 2013 and double-digit growth in successive quarters.

AIG’s international and regional construction experts spoke to members of the local construction and insurance industry at a half day forum in Makati City to showcase the company’s full spectrum of construction industry products and services.

BPI Family Ka-Negosyo Maintains Rank as Most Preferred Partner in PH SME Banking

BPI Family Ka-Negosyo continues to maintain its status as the most preferred partner for Filipinos who engage in entrepreneurship. The Bank’s reputation as the country’s leading provider of business loans to SMEs is sealed anew by celebrated achievements it attained throughout 2013.

This year, the Bank’s Ka-Negosyo Franchising Loan won the Chairman’s Award by the Philippine Franchise Association (PFA), Best SME Bank by the Alpha South East Asia (SEA) Magazine, Gold Medal Award for Overall Reputation during the first ever Radar Global SME Reputation Awards, and the Franchise Cornerstone Award of the 12th Filipino Franchise Show by the Association of Filipino Franchisers, Inc (AFFI).

BPI Family Bag Best SME Bank Award for the Third Straight Year

It is a strong three-peat victory for BPI Family Savings Bank (BPI Family) as it bags for the third straight year the title Best SME Bank by Alpha Southeast Asia (SEA) Magazine.

BPI Family has set itself apart from other financial institutions in the Philippines with its unique commitment in making it easy for micro, small, and medium enterprises (MSMEs) to grow and expand their businesses.

“More than this award, the assurance that we are able to carry out our commitment in empowering MSMEs year on year is what we are most grateful for. This continues to inspire us here in BPI Family to aggressively enhance our processes, along with the innovation of both our products and communication strategies to reach more MSMEs and make it easy for them to achieve their growth potential,” shares BPI Family President TG Limcaoco.

Premiere Thought Leaders: The Next Best Selling Authors

Enrich your Financial Knowledge with the country's best financial gurus who have been very successful and also had author books that will aid anyone on his quest for more knowledge with the Premiere Though Leaders The Next Best Selling Authors. To be held at Victory Center, 4th Level, Virra Mall Bldg., Greenhills Shopping Center, Greenhills, San Juan City on August 24, 2013 (Saturday), 9:00am to 6:00pm

A whole day learning event featuring the “Premier Thought Leaders”: JAYSON LO, DENNIS SY,RANDELL TIONGSON, MARVIN GERMO, YENG REMULLA, and PAULO TIBIG. Remarkable and top choice speakers on People Management, Finance, Entrepreneurship, Leadership, and Personal Development all in one big event.