We conduct extensive consumer testing to determine what information is most important to consumers, when it is most useful for consumers to receive it, what language and formats work best, and how disclosures can be simplified, and better organized, to reduce complexity and information overload.
In particular, the Bangko Sentral is at the forefront of a money management program for OFWs and their families; microfinance for the entrepreneurial poor; continuing economic and financial education for journalists; and consumer protection for bank customers. We are also set to establish economic and financial literacy centers in BSP offices in the province.