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Four Camarines Sur legislators made a stronger push for the prompt congressional approval of a measure that would enable roughly 10 million to 34 million unbanked Filipinos, many of them in faraway barrios without any banking presence, to finally open their own bank accounts, in support of the goals of the administration of President Ferdinand Marcos. […]
Senator Grace Poe underscored the need to establish banking services in remote communities as more people turn to digital transactions on worries of coronavirus transmission. Poe, chairperson of the Senate committee on banks, financial institutions and currencies, led a virtual public hearing to tackle bills seeking to institutionalize Bangko sa Baryo that will allow banks […]
In pushing for equal access to financial services, Senator Win Gatchalian said such a move will boost the digitalization of financial transactions in the country. “Itinutulak sa ating bansa ang financial inclusion dahil less than 20 percent lang ng populasyon natin ang may bank account. Halos lahat talaga ay cash ang ginagamit pero sa ganitong […]
The initial roll-out of the National ID to the provinces will help improve access to banking and financial services for the majority of the Philippine population that does not have bank accounts.This is according to Union of Local Authorities of the Philippines (ULAP) National President and Quirino Gov. Dax Cua, who on Wednesday emphasized the […]