The Fourth Census of MSME revealed that only 5.2 per cent of the units (both registered and unregistered) had availed of finance through institutional sources; the majority of units – 93% of them in fact – had either no finance or depended on self-finance. A World Bank Enterprise Survey in 2011 also reinforces these conclusions.
Benjamin E Diokno: Supporting MSMEs and the economy in the new economy arrangement Speech by Mr Benjamin E Diokno, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the U.P. Alpha Phi Beta Fraternity Alphan Thought Leaders Webinar Series, 9 October 2020. * * * To all participants of this Alphan Thought Leaders Webinar Series, good morning.