Reflecting consumers’ current financial preferences, BusinessWorld’s 2nd Quarter Banking Report for 2024 gives an overview of the lessons both traditional banks can learn from each other about improving their sevices. This report also covers the rise of “buy now, pay later” (BNPL) services, its risks and benefits, and its role in the financial ecosystem of the country. Also included in the report are the latest indicators in the Philippine banking industry, economists’ outlook for the local financial markets, and analysts’ bank stocks recommendations.