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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 […]

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Politics

GATCHALIAN BACKS DIGITAL BANKING, VIRTUAL WALLETS

In pushing for equal access to financial services, Senator Win Gatchalian said such a move will boost the digitalization of financial transactions in the country. “Itinutulak sa ating bansa ang financial inclusion dahil less than 20 percent lang ng populasyon natin ang may bank account. Halos lahat talaga ay cash ang ginagamit pero sa ganitong […]

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Politics

NAT’L ID LAUNCH IN PROVINCES BOOSTS BANK ACCESS

The initial roll-out of the National ID to the provinces will help improve access to banking and financial services for the majority of the Philippine population that does not have bank accounts.This is according to Union of Local Authorities of the Philippines (ULAP) National President and Quirino Gov. Dax Cua, who on Wednesday emphasized the […]