CEBU — Four additional digital banks could start operating as early as next year with the lifting of a moratorium on new licenses, a Bangko Sentral ng Pilipinas (BSP) official said.
"Normally, the chartering is completed within 3 to 4 months, assuming that they have already submitted all the requirements [they can operate already]," Melchor Plabasan, senior director of the BSP Technology Risk and Innovation Supervision Department (TRISD), told reporters at the sidelines of the BSP-IMF Systemic Risk Dialogue on Wednesday.
