The Philippines: Implementing AFI Maya Declaration Commitments

Formal account penetration in the Philippines has improved to 34.5% in 2017 from 26.6% in 2011, according to the World Bank Findex. However, much still needs to be done.

As technology continues to move at an unprecedented scale, Bangko Sentral ng Pilipinas (BSP) set their sights on digital innovations as a catalyst and strategic enabler of financial inclusion. Journey with our member, BSP as they champion the transformation of the financial inclusion landscape in the Philippines.