- Newly endorsed PFM Reforms Roadmap to boost financial inclusion
Aligned with the goals of Executive Order (EO) No. 170, s. 20221 and pursuant to EO No. 29, s. 20232, the Public Financial Management (PFM) Reforms Roadmap 2024-2028 not only transforms the bureaucracy, but also ensures that all Filipinos have access to government financial services. Read more…
- FISC launches one-stop shop website for financial inclusion
The Financial Inclusion Steering Committee (FISC) chaired by the Bangko Sentral ng Pilipinas (BSP) launched the FISC website, a one-stop shop platform that aims to promote wider appreciation of financial inclusion as a national development agenda, during a program held at the BSP Manila Head Office on 09 October 2024. Read more…
- PSA, GoTyme Bank Team Up for Colocation Services in National ID Mobile Registration Activities
The Philippine Statistics Authority (PSA) partnered with GoTyme Bank Corporation for a colocation strategy in mobile registration activities of the National ID system. Read more…
- The Asia United Bank (AUB), the first local bank to integrate to the National ID eVerify
The Asia United Bank (AUB) is the first local bank to integrate to the National ID eVerify for their identity verification processes and systems. Read more…
- PSA Welcomes BSP Issuance on Digital National ID Acceptance, Use of National ID Authentication in Financial Transactions
The Philippine Statistics Authority (PSA) welcomes the issuance of the Bangko Sentral ng Pilipinas (BSP), which requires the acceptance of the Digital National ID, and the use of the National ID authentication services in financial transactions. Read more…
- CDA Joins the Celebration of 2024 Global Money Week
In support of the 2024 Global Money Week (GMW), the Credit Surety Fund Service and the Office of Assistant Secretary Luz H. Yringco, Head, Credit & Financial Services, Banking, Insurance & Credit Surety Fund (CSF) Cooperatives Cluster, in coordination with CDA Region III Extension Office conducted the Kick Off celebration held at CDA Head Office, Cubao, Quezon City on May 18, 2024. Read more…
- PSA Partners with Rural Bank in Negros Occidental for PhilSys Registration, Promotion of Financial Inclusion
The Philippine Statistics Authority (PSA) signed a Memorandum of Agreement (MOA) with a rural bank in Negros Occidental to bring registration services of the Philippine Identification System (PhilSys) to more Filipinos and to promote financial inclusion. Read more…
- New microfinancing service focuses on ‘sari-sari’ stores
Philippine analytics startup Packworks has partnered with Cebuana Lhuillier and local finance firm 1Sari Financing Corp to offer microfinancing to “sari-sari” stores in the Philippines, with the aim to reach 270,000 of these small neighborhood retail shops. Read more…
- BSP Holds MSME Exhibit as Part of AFI Global Policy Forum
The Bangko Sentral ng Pilipinas (BSP) has set up an exhibit showcasing local micro, small, and medium enterprises (MSMEs) as part of the Alliance for Financial Inclusion (AFI) 2023 Global Policy Forum (GPF) on 12-15 September at the Philippine International Convention Center (PICC). Read more…
- Global Network for Financial Inclusion Issues “Manila Manifesto”
The 2023 Alliance for Financial Inclusion (AFI) Global Policy Forum issued last week the ‘Manila Manifesto’ which calls for boosting ties with global financial standard-setting bodies to make financial products and services accessible, safe, and affordable for all. Read more…
- 72 million Filipinos now registered to PhilSys
The Philippine Statistics Authority (PSA) closes in on its overall target for 2022 after registering more than 70 million Filipinos to the Philippine Identification System (PhilSys). Read more…
- DA-ACPC, Jollibee Group Foundation to promote and strengthen agri value chain financing
The Department of Agriculture – Agricultural Credit Policy Council (DA-ACPC) signed a Memorandum of Understanding (MOU) with the Jollibee Group Foundation (JGF) to provide financing and capacity building to small farmers and to tap farmers’ cooperatives and associations (FCAs) as lending partners. Read more…
- Baguio City First to Launch BSP, DILG’s Paleng-QR Ph Program
The Bangko Sentral ng Pilipinas (BSP) commends Baguio City on its launch of the Paleng-QR Ph program on 14 August 2022. Baguio City is the first local government unit to implement the program, which was co-developed by the BSP and the Department of the Interior and Local Government (DILG) in support of financial inclusion and digitalization. Read more…
- DICT, SpaceX sheds light on satellite connectivity in PH
Department of Information and Communications Technology Secretary Ivan John E. Uy and SpaceX Executive Rebecca Hunter conducted a joint press conference on 27 July 2022, at the Manila Hotel. They highlighted the salient features of satellite connectivity which is eyed to roll out in the country before the end of the year. Read more…