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GoTyme Bank

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GoTyme Bank
Industry
FoundedOctober 20, 2022; 2 years ago (2022-10-20)
Headquarters,
Key people
Nathaniel Clarke (President and CEO)
Albert Tinio (co-CEO and CCO)
ParentGokongwei Group
Websitewww.gotyme.com.ph

GoTyme Bank is a Filipino direct bank and a subsidiary of the Gokongwei Group.[1][2]

History

The creation of GoTyme Bank was planned in 2021 by the Gokongwei Group as a joint venture with South African-owned TymeBank. Meanwhile, the Gokongwei Group secured a certification to operate a digital bank from the Bangko Sentral ng Pilipinas in 2022.[3][4]

On October 20, 2022, GoTyme Bank was formally launched. Given the fact the Gokongwei Group owned Robinsons Bank when it launched, JG Summit President Lance Gokongwei stated that the Ayala-owned Bank of the Philippine Islands will be GoTyme Bank's shareholder once BPI's merger with Robinsons Bank is completed.[5]

See also

Reference

  1. ^ Monzon, Alden M. (9 October 2023). "GoTyme Bank eyeing Vietnam expansion". INQUIRER.net. Retrieved 10 October 2023.
  2. ^ Loyola, James A. (25 August 2022). "Gokongwei Group master brand launched". Manila Bulletin. Retrieved 10 October 2023.
  3. ^ Fenol, Jessica (24 August 2021). "Digital bank GOTyme eyes mid-2022 launch: Lance Gokongwei". ABS-CBN News. Retrieved 10 October 2023.
  4. ^ Lim, Jamilah (24 August 2021). "Digital banking in Philippines sees new contender, GOtyme". Tech Wire Asia. Retrieved 10 October 2023.
  5. ^ Pascual, Jekki (20 October 2022). "Gokongwei Group launches digital bank GoTyme". ABS-CBN News. Retrieved 10 October 2023.