Credit cards provide a convenient source of credit for many consumers, but the terms of credit card loans have become more complex, which has reduced transparency. Our consumer testing has persuaded us that disclosures alone cannot solve this problem.
The BSP Top Management is here with us as well today we have DG Diwa Guinigundo, DG Armando Suratos, DG Nestor Espenilla, Jr. and General Counsel and Asst. Governor Juan de Zuñiga, Jr. What makes e-Rediscounting attractive to banks?