The Central Huijin Investment Corporation sent for 6 Directors to BOC and CCB. They are also selected from the People’s Bank of China (PBC), the Ministry of Finance, China Securities Regulatory Commission (CSRC), the State Administration of Foreign Exchange (SAFE) and other agencies. They are professional executives, enthusiastic with the financial industry, full of administrative experience and proficient in operation of financial enterprises.
For the BSP’s part, we remain steadfast in spearheading digitalization efforts and programs supporting MSMEs and the microfinance sector, which serve as financial lifelines for our microentrepreneurs. Our initiatives include bringing digital payments closer to the people by promoting its use in the most common transaction points for most Filipinos—the community markets and local transportation services such as tricycles.