BIZ BUZZ: Maya on momentum
Digital bank Maya has started the year on a high note after ending the first quarter in the green, continuing its profitability from the previous year.
The strong performance was supported by its lending activities, disbursing P28 billion in the first quarter. It has extended a total of P120 billion since it started operations.
Nonperforming loan ratio, meanwhile, is just 3.8 percent—or below the industry average.
As of end-March 31, its total deposits stood at P43.6 billion.
“We are proud to deliver strong growth across all our products, continued scaling of our integrated ecosystem and achieving net income profitability in Q1 2025,” Maya Group president Shailesh Baidwan said.
“This reflects the strength of our model—anchored on innovation, disciplined execution and a clear mission to expand access to digital financial services for millions of Filipinos,” he added.
