*  *  *  It is always a pleasure to be at the general assembly of the officers and members of BAIPHIL, the training arm of the Philippine banking industry, one of the most important pillars of our economy. Given that the environment within which we operate is far from static and is in reality, quite dynamic, BAIPHIL’s role is quite challenging.
I am glad therefore that BAIPHIL is up to this challenge. Under the leadership of its immediate past president Rhoneil Fajardo, BAIPHIL adopted for its theme “Building Capacity Towards Financial Inclusion and Integration.” This reflected the industry’s efforts in support of the BSP’s thrust to develop an inclusive financial system to promote inclusive growth and long-term stability. And you walked your talk.