In the midst of those challenges, the policy of financial system stability needs to continue to be strengthened in order to enhance financial system resilience against various risk potentials, and all at once to motivate the function of banking intermediation to be more efficient and equitable to support the financing of the economy.
In order for the financial system to reach everywhere even to the remotest access points, we encourage increased use of affordable digital channels for payments, remittances and fund transfers. Our regulations allow banks to prudently service even low-income clients by allowing the participation of convenient, familiar and non-intimidating third party entities like grocery stores, pharmacies and other retail outlets as cash agents.