Strengthening the financial system In the financial sector, the main challenges emerged from the overhang of the Asian financial crisis and the greater integration of the Philippines into the global financial system. In response, we have addressed these challenges precisely by strengthening the financial sector.
The main advantage of an ATM network is that it obviates the need for having bank-specific multiple ATM installations in the same geographical area, thereby reducing the entailed costs for the banks but without compromising on the reach of the banks to their customers.