While the EFLP is comprehensive, we know that the Bangko Sentral alone cannot promote financial literacy to the whole Philippine population. In this advocacy, we hope that the market players such as yourselves, can do their share, or even partner with us to make the average Filipino citizen a well-informed financial decision-maker.
Financial education becomes extremely important when you tap new markets, particularly those that are traditionally unserved by the banking system. Earlier today, the Bangko Sentral’s financial inclusion initiatives and the opportunities that arise from these initiatives were discussed.