The coronavirus pandemic resulted in the creation of millions of new basic deposit and e-money accounts as of the third quarter of last year, according to the Bangko Sentral ng Pilipinas (BSP).
In a virtual briefing on Thursday, BSP Governor Benjamin Diokno reported that the number of basic deposit accounts grew by 53 percent, while the e-money accounts grew by 30 percent during the period compared to the end of 2019.
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