The central bank has publicly pledged to strengthen the country’s banking system and make it more inclusive by crafting financial inclusion programs and strategies to reach a wider scope of yet unserviced areas nationwide.

“The BSP [Bangko Sentral ng Pilipinas] takes the route to champion financial inclusion and call others to action by spearheading the development of a national strategy,” BSP Governor Amando Tetangco Jr. said in a blog posted on the Alliance for Financial Inclusion (AFI) website.

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