FINANCE Secretary Benjamin Diokno urged thrift banks to ramp up digital transformation initiatives as the government strongly supports these efforts for a greater financial inclusion in the country.
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DESPITE the challenges, the country’s thrift banks still managed to grow its assets and expand their lending activities as of May 2023, according to the Chamber of Thrift Banks (CTB). A statement from the CTB read that the country’s thrift banks exhibited stability and growth in the past year. The…
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