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GoTyme Bank to extend share ownership across workforce

Under the expanded program, share ownership is expected to be extended to over 90% of GoTyme Bank employees giving them direct ownership in the company’s growth through future share grants. 

GoTyme Bank, the fastest-growing bank in the Philippines, together with the GoTyme Group, has announced plans to expand its current share ownership program to all eligible employees in good standing.[1] With this move, the company aims to catalyze another level-up in accountability, pace of execution, and long-term value creation.

Under the expanded program, share ownership is expected to be extended to over 90% of GoTyme Bank employees giving them direct ownership in the company’s growth through future share grants.

Leveraging ownership to accelerate scale and trust

In the Philippines, broad-based employee ownership programs remain very uncommon with share schemes reserved for the most senior employees. GoTyme Bank is breaking this mold as it believes ownership at junior levels, who are often closer to direct customer interactions, will create a step-change in customer satisfaction. The program sets a clear expectation: employees are not just operators, but owners accountable for the bank and its customers.

GoTyme Bank Philippines CEO Nate Clarke adds, “Ownership changes how people operate. When our team members think like owners, they move faster, go the extra mile for customers, and are more protective of the GoTyme brand. In the Philippine market, broad-based shares is a significant differentiator for talent attraction. But more than talent attraction, this is about creating a sense of ownership that translates to a team that is 100% locked in on creating the best experience for our customers.  We believe this move will help accelerate our goal of building the largest and most loved bank in the Philippines.  When we achieve that goal, our people will rightfully share in that financial upside.”

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[1] Subject to applicable regulatory approvals and application.

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