The Bangko Sentral ng Pilipinas (BSP) has officially granted MariBank Philippines Inc. a digital bank license, reclassifying the institution from a rural bank to a digital bank under central bank regulations.
The regulatory shift was formalized through BSP Circular Letter No. 35, Series of 2026, according to an official statement released by the bank.
Regulatory Reclassification and Deposit Security
Under the updated classification, MariBank stated that existing user accounts, deposit structures, and security protocols remain unchanged, requiring no action from account holders. (Read More: Most Banks Dropped Transfer Fees. BSP Is Now Reviewing Those That Didn’t)
(Also Read: List: PH Banks With Free InstaPay and PESONet Transfers After BSP Fee Rules)
The bank confirmed that client deposits remain insured by the Philippine Deposit Insurance Corporation (PDIC) up to ₱1 million per depositor.
This article is published on BitPinas: MariBank Officially Becomes a Digital Bank Under BSP Rules
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