By Tony Obiechina, Abuja The capital market community is to commence sensitization and stakeholder engagement on the implementation of the National Savings Strategy (NSS). To this end, an Implementation Committee would be established to ensure success of this initiative. This was disclosed by the Director General of the Securities and Exchange Commission Mr. Lamido Yuguda
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The Bangko Sentral ng Pilipinas (BSP) is increasing its Islamic finance experts and personnel to promote Islamic banking in the country and encourage investments in Islamic finance products.
An Islamic bank based in Turkey is exploring ways to put up a subsidiary or unit in the Philippines and could possibly be the first foreign bank to go into Islamic finance here, according to a central bank official.Bangko Sentral ng Pilipinas (BSP) Deputy Governor Chuchi G. Fonacier said late Friday