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In 50 Words: GoTyme Bank targets underbanked in Philippines, plans to launch lending product

GoTyme Bank, a joint venture between Tyme Group and Gokongwei Group, aims to tap into the underbanked segments in the Philippines, with a focus on small and medium enterprises.

The bank, which has attracted over a million sign-ups, is planning to extend its services to underserved customers outside the big cities.

Its lending product for small businesses and an investment product are also set for launch.

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