28.8 C
Manila
Thursday, December 12, 2019
Home Public Square 140,000 AFP personnel to benefit from financial literacy program

140,000 AFP personnel to benefit from financial literacy program

The MOA signing and launch of the financial education program for the armed forces held in Camp Aguinaldo were witnessed by senior officers of BDO Foundation, the AFP and BSP.

AN estimated 140,000 soldiers and civilian personnel of the Armed Forces of the Philippines (AFP) will receive financial literacy training under a partnership forged by BDO Foundation, the AFP and Bangko Sentral ng Pilipinas (BSP). As part of a shared vision to promote financial inclusion and concerted efforts to help the men and women of the military achieve financial independence, the three parties inked an agreement for the development of a financial education program for the armed forces.

The memorandum of agreement (MoA) was signed by BDO Foundation President Mario Deriquito, BDO Foundation Trustee and Treasurer Lucy Co Dy, BDO Foundation Trustee and Corporate Secretary Lazaro Jerome Guevarra, AFP Inspector General Lt. Gen. Antonio Ramon Lim representing AFP chief of staff Gen. Benjamin Madrigal Jr., AFP deputy Chief of Staff for Personnel BGen. Adriano Perez Jr., BSP Governor Benjamin Diokno and BSP deputy governor Chuchi Fonacier. In attendance at the MoA signing held in Camp Aguinaldo were BDO Foundation trustee Ma. Corazon Mallillin, BDO Foundation Independent Trustee Felina Arellano, and BDO Foundation Trustee and BDO Unibank President and CEO Nestor Tan, one of the guest speakers at the event.

The corporate citizenship initiative is in line with BDO Foundation’s financial inclusion advocacy and BSP’s National Strategy for Financial Inclusion. It is also aligned with the AFP Transformation Roadmap (ATR) and efforts to build a better and stronger AFP, a world-class organization that is a source of national pride.

According to Deriquito, “BDO Foundation is honored to be able to contribute to the achievement of the ATR and help soldiers get high marks in their individual scorecards particularly on the aspect of personal finance. Together with subject matter experts from the AFP and BSP’s Center for Learning and Inclusion Advocacy, we will equip military personnel with knowledge, skills and tools to help them make sound financial decisions.”


CA revives criminal raps vs Italian ambassador

THE Court of Appeals (CA) on Thursday has ordered the revival of criminal charges against an Italian ambassador who was indicted for allegedly molesting...

Palace to SEA Games athletes: ‘You are all winners’

MALACAÑANG on Thursday congratulated all the athletes from the 11 participating nations who competed at the 30th Southeast Asian (SEA) Games which was dominated...

PDEA seizes P6.8-M shabu in Manila

THE Philippine Drug Enforcement Agency (PDEA) said on Thursday that P6.8 million worth of shabu (methamphetamine hydrochloride) was seized at thr Port Area in...

Climate activist Greta Thunberg is Time’ 2019 person of the year

NEW YORK: Greta Thunberg, the Swedish teenager who became the voice of conscience for a generation facing the climate change emergency, was announced Wednesday...

Lorenzana, Sison lock horns over preconditions to peace talks

THE reopening of the peace talks remained in limbo as officials from both sides locked horns over conditions before the negotiations. In a statement on...

Today’s Front Page December 12, 2019

Today’s Front Page December 12, 2019