MariBank Secures Digital Bank License in Philippines

MANILA, Philippines — Mobile digital-bank MariBank is now officially a digital bank, the Bangko Sentral ng Pilipinas (BSP) said. In its circular dated July 22, the BSP’s Monetary Board said that it approved the request of MariBank to upgrade its banking license from a rural bank to a digital bank. The BSP announced that the Securities and Exchange Commission approved its amended articles of incorporation and bylaws for a digital banking license on June 16. This was followed by the Bangko Sentral governor issuing the official certificate of authority to operate on July 8, 2026, according to the BSP. With its launch, MariBank became the seventh institution to receive a digital banking license in the Philippines. This positions the bank alongside six other licensed entities: UNO Digital Bank, UnionDigital Bank, GoTyme Bank, Tonik Digital Bank, Maya Bank and Overseas Filipino Bank, which serves as the digital subsidiary of the state-owned Land Bank of the Philippines.