Just to be sure, let me ask you: nag-level up na ba tayo? Tama! In other words, ladies and gentlemen, we at the BSP remain faithful to the continuous improvement process. This is as it should be. As a wise person once said, the path to excellence has no finish line.
In recognition of this, the Reserve Bank has taken a number of steps to take formal banking to door steps of habitations with population over 2000 through the business correspondent (BC) model where the BCs provide basic banking functions acting as agents of banks.