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Politics

MAKE BANKS ACCOUNTABLE FOR OFW ‘PADALA’ – POE

Holding banks accountable for the actions of their cash agents will provide better protection for consumers, especially those who rely on the “padala” of their relatives to help them get by during these trying times. Senator Grace Poe said the central bank’s push for financial inclusion will benefit from the necessary safeguards and encourage more […]

Categories
Politics

POE: ‘BANGKO SA BARYO’ TO AID PANDEMIC-HIT POOR

Senator Grace Poe underscored the need to establish banking services in remote communities as more people turn to digital transactions on worries of coronavirus transmission. Poe, chairperson of the Senate committee on banks, financial institutions and currencies, led a virtual public hearing to tackle bills seeking to institutionalize Bangko sa Baryo that will allow banks […]