The Bangko Sentral ng Pilipinas (BSP) has received a P41.3-million (EUR 700,000) new grant from the Agence Française de Développement (AFD) for its financial inclusion project. BSP Governor Benjamin E. Diokno said Thursday that the grant will finance a technical assistance for financial inclusio
Providing customers a credit line based on their savings history, enabling them to withdraw money from their account even when they have zero balance, makes an overdraft facility one of the most beneficial offerings under.
BSP credits PNoy for a strong PH central bank mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.
Photo courtesy from BSP
QUEZON CITY, Feb. 8 (PIA) – The Department of Agriculture - Bureau of Fisheries and Aquatic Resources (DA-BFAR), launched a partnership program for the financial education of fishers across the country called Fishers’ Financial Education or “FinLit.”
Together with the Bangko Sentral ng Pilipinas (BSP), BDO Foundation, and the Fish Right Program of the US Agency for International Development (USAID), the collaboration offers training to fishers on topics such as saving and budgeting, supplementary income sources, and the proper use of micro-loans and micro-insurance to help break the vicious cycle of poverty and natural resource depletion
“We aim to equip fishers and their families with prudent financial management skills and right attitudes toward money to help them cope with irregular incomes and other economic shocks that they typically encounter in their livelihoods,” BSP Governor Benjamin E. Diokno said.
RBI governor asserts financial inclusion poised to grow bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.