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rural banks

A girl using her mobile phone to make a payment transaction using QR codes

ADB loan worth US$300 million seen to boost the Philippines’ financial inclusion goals

The Asian Development Bank (ADB) has approved a US$300 million policy-based loan to support the Philippine government in creating a stronger institutional and policy environment to help expand Filipinos’ access to financial services, particularly the vulnerable segment of the population, and to promote economic growth. ADB is helping expand Filipinos’ access to financial services. (IMAGE […]

BSP Deputy Governor Francisco G. Dakila Jr. together with the country's economic managers during a panel discussion on “A Fast-Growing and Forward-Looking Economy” held in Cebu

BSP cites gov’t efforts to strengthen rural banks at latest PH Economic Briefing in Cebu

“The Bangko Sentral ng Pilipinas (BSP) will continue to strengthen rural banks (RBs), which promote countryside development, by financing productive activities and supporting inclusive economic growth.” BSP Deputy Governor (DG) Francisco G. Dakila Jr. made this announcement during the Post-State of the Nation Address (SONA) Philippine Economic Briefing (PEB) held in Cebu City last August […]