All these key indicators attest to the ability of the banking sector to support recovery of the Philippine economy. While the road to full recovery remains iffy, the medium- and long-term prospects for the Philippines are promising. Moving on to BSP’s financial digitalization agenda … The rationale behind the push for financial digitalization is two-fold. First, is robust economic growth.
While the T-Bills market serves the objective of raising finances for the Government, it also spurs the development of the money market. An important ingredient in the development of money market is the terms under which liquidity is available from the central bank.