The launch follows the Bangko Sentral ng Pilipinas’ Digital Payments Transformation Roadmap, which saw digital retail payments rise from 42.1 percent in 2022 to 52.8 percent in 2023.
Elizaga joined CTBC Bank Philippines in 2020 as executive vice president and head of the institutional banking group. During his tenure, the group’s loan portfolio grew from P25 billion in 2020 to over P42 billion in 2024, reflecting a 70-percent increase in just four years.