The financial industry is regularly developing innovations. It is important for the domestic industry to handle the competition with emerging fintech firms in Malaysia. Around 66% of banks are striving to reach digital maturity by 2020.
Virtual banking is becoming a reality in the country. Bank Negara also issued its licensing guidelines by the end of 2019. Furthermore, cashless payments already contributed to 20% of total payments in the country.
Market Research Philippines will help you navigate the fast-growing financial industry in the Philippines. We provide advisory services in the areas of retail and corporate banking, treasury, wealth and risk management, as well as digital banking. Our expert consultants understand the future challenges in the market and will support you by providing deep industry insights to achieve constant growth.