WB lauds Philippines for financial inclusion

The World Bank has lauded the Philippine’s approach to financial inclusion as it noted that the country’s National Strategy for Financial Inclusion (NSFI) has a comprehensive monitoring and evaluation (M&E) system.

National financial inclusion targets, better data availability, and transformative business models to provide financial services, the multilateral lender said in a blog, are helping to accelerate financial inclusion across the globe and in Asia – where more than a billion of unbanked people live.