The Financial and Services Sectors in the Philippines do offer opportunities for UK Companies to operate in the Philippines. There are however some foreign ownership restrictions. Nevertheless, with the 12th largest population in the World and with a high English Speaking component, there are many opportunities.
UKTI, Manila has produced a summary of these sectors to assist companies considering doing business in The Philippines. Manila is obviously the Financial capital of the Philippines and most of the financial services business are located in Manila.
The Asian Development Bank is headquartered in Manila and is therefore a strong focus for financial activity in the region.
You can access the Financial and Professional services sectors report here. You will also have contact details for relevant and experienced UKTI staff based in Manila.