In relation to this, we at the Bangko Sentral ng Pilipinas, thank you in the Banking and the Non3/4  BIS central bankers' speeches  Bank Financial Community for going beyond just complying with financial regulations.
You proactively responded to emerging developments and challenges such as our transition from being a cash-heavy to a cash-lite economy with the implementation of the National Retail Payment System (NRPS)! Salamat sa inyo. Fourth, we remain on course in promoting financial deepening, with measures to further develop the domestic capital and foreign exchange (FX) markets.