Maya Bank Dominates Digital Finance with Global Recognitions
Maya Bank Dominates Digital Finance with Global Recognitions
Leading the Digital Banking Revolution
Maya Bank has firmly established itself as the top financial institution in the Philippines, earning prestigious accolades from two of the world’s most respected publications. Forbes named Maya Bank the best overall bank in the country, while Financial Times’ The Banker recognized it as the Philippines’ top digital bank, reinforcing its leadership in the evolving digital finance sector.
Standing out among both traditional and digital banks, Maya Bank secured the highest ranking in the Philippines in Forbes’ 2025 survey. This milestone marks the first time Maya has topped the local list, while also securing its third consecutive appearance on Forbes’ global roster of leading banks.
Recognition from Forbes and Financial Times
Maya Bank’s recognition from Forbes was based on extensive research conducted with Statista, surveying over 50,000 consumers across 34 countries. Banks were ranked according to five core dimensions:
- Trustworthiness
- Terms and conditions
- Customer service
- Digital services
- Quality of financial advice
Meanwhile, The Banker’s Neobank Rankings, an inaugural benchmarking of licensed digital banks, placed Maya Bank at the top based on asset strength, capital efficiency, and growth. This distinction positions Maya Bank among the Top 100 digital-first banks worldwide, solidifying its influence in an increasingly competitive sector.
A Commitment to Inclusive and Digital Finance
Maya Bank’s leadership is driven by its commitment to making banking seamless, accessible, and secure.
“These global recognitions reflect our relentless focus on creating a digital banking experience that is simple, inclusive, and deeply trusted by our customers,” said Shailesh Baidwan, Maya Group President and Co-Founder of Maya Bank.
Angelo Madrid, President of Maya Bank, echoed this sentiment: “Our goal has always been to make everyday banking more accessible and meaningful for more Filipinos. Designing for inclusion—whether through easier credit, better savings, or seamless digital access—has real impact at scale.”
Orlando Vea, Maya Founder and CEO, reinforced Maya’s vision: “We are proud to represent the Philippines on the global banking and fintech stage. Financial empowerment should be universal, and we are committed to making it a reality for all Filipinos.”
Record Growth and Financial Impact
Maya Bank’s achievements come on the heels of a highly successful 2024. The bank played a pivotal role in helping its parent company, Maya, reach group-wide profitability by year-end, all while expanding digital access to millions of Filipinos.
- Deposits surged to ₱39 billion, marking a 59% year-on-year increase.
- Customer base reached 5.4 million, reflecting strong adoption of its services.
- Cumulative loan disbursements hit ₱92 billion, fueling financial accessibility.
- 100,000 credit cards issued, with 40% going to first-time cardholders.
These figures highlight Maya Bank’s growing influence in financial inclusion, ensuring that more Filipinos can access credit, grow their savings, and embrace digital finance.
Integration with the Maya Ecosystem
Maya Bank is deeply embedded within the broader Maya fintech ecosystem, which includes:
- Maya App – One of the top-rated financial apps in the country.
- Maya Business – The leading omnichannel payment processor for enterprises.
This synergy enables Maya Bank to utilize smart data-driven insights to enhance user experience, making financial services more personalized and relevant.
The Future of Digital Banking
As the #1 digital bank in the Philippines, Maya Bank continues to pioneer digital finance. It operates under the supervision of the Bangko Sentral ng Pilipinas (BSP), with deposits insured by the Philippine Deposit Insurance Corporation (PDIC) for up to ₱1 million per depositor.
For more information, visit mayabank.ph and maya.ph. Follow Maya at @mayaiseverything on Facebook, Instagram, YouTube, and TikTok, and @mayaofficialph on X.