BIS central bankers’ speeches  real estate loans booked by thrift banks increase by Php 33 billion, Php 253 million and Php 29 billion respectively over the past three years alone. This translates to annualized growth rates of 15 percent, 14 percent and nine percent respectively. ASEAN integration and the consumer market Ladies and gentlemen, clearly, demographics favor you.
Consumers and businesses access financial services digitally, market participants are deploying new or existing technologies in innovative ways, incumbent firms' business models are being transformed, and data is becoming a key asset for innovation, alongside IT infrastructure. n 2020, acknowledging the importance of these trends, the European Commission published its Digital Finance Strategy.