The government’s goal of achieving financial inclusion rests on the capability of the rural banking sector to spur countryside development.

Such holistic growth depends on rural banks’ continued dedication to invest in agriculture and agrarian reform projects. Thus, the recent accreditation given by the Bangko Sentral ng Pilipinas (BSP) to another set of rural banks, making them eligible institutions to receive financing from other banks in line with the provisions of Republic Act 10000 or the Agri-Agra Reform Credit Act of 2009, is a step in the right direction toward the fulfillment of this goal.

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