The number of Filipinos owning basic deposit accounts (BDAs) more than doubled in the first quarter this year thanks to the Philippine Identification System (PhilSys), according to the Bangko Sentral ng Pilipinas (BSP). Data from the BSP showed there was a 170 percent increase in the number of BDAs to…
THE number of Filipinos owning basic deposit accounts (BDAs) more than doubled in the first quarter this year and led to a four-fold increase in BDA deposit values, thanks to the Philippine Identification System (PhilSys), according to the Bangko Sentral ng Pilipinas (BSP). Data from the BSP showed there was…
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Over a million Filipinos now have their national IDs, according to the Philippine Statistics Authority (PSA). As of August 13, some 1.048 million received their PhilSys Numbers (PSN) and National IDs, a 17.6-percent increase or 156,963 more IDs compared to the previous week. The PSA said getting a PSN and…