The state of financial inclusion in the country improved as of the first half of 2017 and ongoing initiatives bode well for further gains, the Bangko Sentral reported on Monday.
The number of unbanked areas as of June last year declined to 571 local government units (LGUs) from 609 in 2011, the central bank said in a report. In percentage terms, unbanked LGUs comprise just 34.9 percent from 37.3 percent in 2011.
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