Maya Bank says 1-M customers, P10-B deposits reached in 5 months

ABS-CBN News

<p>MANILA - Maya Bank on Tuesday said it has registered 1 million customers and reached P10 billion in deposits within 5 months after its launch.</p><p>Maya is among the only 6 digital banking license holders granted by the Bangko Sentral ng Pilipinas. </p><p>Digital banks were set up to make banking more accessible and inclusive compared to traditional banks with physical branches. </p><p>&quot;Filipinos are ready for more progressive digital experiences; that&#x27;s why we&#x27;ve established ourselves as the country&#x27;s leading digital bank app in record time,&quot; Maya Group President and Maya Bank Co-Founder Shailesh Baidwan said.</p><p>&quot;We&#x27;re continuing to strengthen our financial services ecosystem as we bring more innovative services to consumers and enterprises,&quot; he added.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/09/14/22/maya-bank-says-deposit-balance-hit-p5-b-in-3-months">Maya Bank says deposits, users post record growth in just 3 months</a></li></ul><p>Maya, which was officially launched earlier this year, offers e-wallet services, savings, crypto and credit. </p><p>The Bangko Sentral ng Pilipinas had said digital banking could fuel financial inclusion as well as its goal of digitalizing 50 percent of retail transactions by 2023.</p><p>The other digital banks in the Philippines are Landbank&#x27;s OF Bank, UnionDigital, Tonik Bank, GOTyme and Uno Bank.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/03/03/22/paymaya-eyes-test-launch-of-maya-bank-late-this-month">PayMaya eyes test launch of &#x27;crypto-ready&#x27; Maya Bank in late March</a></li>	<li><a href="https://news.abs-cbn.com/business/11/04/21/pldts-maya-bank-to-launch-in-first-quarter-of-2022">PayMaya&#x27;s Maya Bank to launch in first quarter of 2022: PLDT</a></li></ul><div><strong>FROM THE ARCHIVES:</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=1643355" width="100%"></iframe></figure><div class="iwantbar">Watch more News on <a href="https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news" target="_blank">iWantTFC</a></div>

Maya Bank on Tuesday said it has registered 1 million customers and reached P10 billion in deposits within 5 months after its launch.

Maya Bank says 1-M customers, P10-B deposits reached in 5 months | ABS-CBN

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Maya Bank says 1-M customers, P10-B deposits reached in 5 months

Maya Bank says 1-M customers, P10-B deposits reached in 5 months

ABS-CBN News

Published Oct 11, 2022 01:56 PM PHT

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Maya Bank

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