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Retail Banking
Staff Reporter
, Philippines
Published:

TONIK Digital Bank to launch in the Philippines in 2020

It will offer a full range of retail banking services, primarily retail deposits and consumer loans.

TONIK Digital Bank is set to become the Philippines’ first pure-play digital bank after gaining approval from the country’s central bank, according to a news release.

TONIK will offer a full range of retail banking services primarily on retail deposits and consumer loans starting this year.
 

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