I would like to think of FINfrastructure as one that addresses the very heart of why infrastructure exists: to connect people, to enable inclusion and to provide a network for more Filipinos to enjoy the benefits of economic progress and development. Leveraging on Fintech fosters Inclusion The BSP is committed to promoting financial inclusion.
Along the positive earning growth and the consequent increase in buffers against potential drawbacks of income growth, we note improvements in the banks’ risk modelling and risk management systems which have significantly enhanced their loan portfolio. While these developments generally improve banking sector stability, potential risks also need to be considered. In this regard, two recent developments should be subjected to intensified scrutiny.