It is a great pleasure for me to join BAIPHIL’s 29th national convention. BAIPHIL is important to us. You are one of the key partners of the BSP in ensuring that the quality of bank personnel meets the rigorous requirements of our banking system.
This is crucial — our banking sector has grown into a P13.5 trillion industry in terms of assets and is responsible for deposits that have reached a record high of P10.4 trillion as of December 2016. This is a great responsibility.