Among others: •  About 12 percent of our 1,634 cities and municipalities of remain unserved by authorized financial service providers while 36 percent have no banks at all ;  •  Only 4 out of 10 Filipino adults set aside money to save, and 68 percent of them keep their savings at home ;  •  47 percent of Filipino adults borrow, but mostly from sources like family and friends (62 percent) and informal lenders (10 percent) ;  •  Only 39 percent of households receiving Overseas Filipino remittances allocate a portion to savings ; and  •  Insurance penetration is only 1.8 percent .
BIS central bankers’ speeches  1  With your inputs and support to the NSFI process –we look forward to seeing significant changes in these numbers. Ladies and gentlemen.