However, maximizing the impact of the BSP’s policies on the lives of Filipinos entails that we tackle the inclusive growth advocacy directly. I am heartened by the thought that the recent Banking Sector Outlook Survey showed that most thrift banks believe that business growth may be maintained by developing new capabilities and by expanding market reach, digitally or through new products and services.
This is what I refer to as the BSP Multiplier or the BSP’s ability to improve every single Juan and Maria’s quality of life. Towards this end, you can expect the BSP to continue to focus on this goal and integrate our financial inclusion advocacy with our traditional objectives.