Majority of Maya Bank customers from regional areas

More than two-thirds of the customers of Maya Bank reside outside of Metro Manila as its digital services give more Filipinos access to financial services.

- CATHERINE TALAVERA

By the end of 2024, Maya Bank served 5.4 million customers, 70 percent of which live outside Metro Manila.

"Outside Metro Manila is where the most transformation is happening," Maya Bank president Angelo Madrid said.

"The surge in savings and credit shows our platform's impact on more Filipinos," he said.

During the same period, the digital bank had increased deposits to P39 billion and disbursed P68 billion in loans, resulting in total loan disbursements of P92 billion since 2022.

Maya Bank said loan activity outside Metro Manila is growing fast, with active borrowers for Maya Easy Credit rising 82 percent year-on-year, compared to 64 percent in Metro Manila as of December 2024.

Similarly, regional deposit balances surged 67 percent year-on-year, now accounting for more than half of Maya's total deposit growth.