The Central Bank of the Philippines said it signed a memorandum of agreement with the Tagbilaran City government and BDO Foundation to roll out financial education programs in Bohol. The partnership is intended to help residents make better financial decisions, strengthen their financial position and improve livelihoods, while linking financial literacy efforts with wider use of formal financial services. The initiative includes Central Bank of the Philippines financial learning sessions for micro, small and medium enterprises, senior citizens and other community organizations. Participating banks and other financial institutions also supported bank account opening to broaden access to formal financial services. The central bank separately discussed the use of the BSP E-Learning Academy with universities in Bohol to support financial education in teaching programs, held talks with banks and other financial institutions on improving access to financial services, and met the Provincial Fisheries Office to discuss financial capability for fishers and the possible implementation of Fish N' Learn. The activities build on earlier financial education programs in Tagbilaran in 2025, including training of trainers for local government teachers and learning sessions for the agriculture sector, youth and academia.
Central Bank of the Philippines2026-07-13
Central Bank of the Philippines, Tagbilaran City and BDO Foundation sign agreement to expand financial education and inclusion in Bohol
The Central Bank of the Philippines signed a memorandum of agreement with Tagbilaran City and BDO Foundation to expand financial education in Bohol. The effort combines learning sessions for targeted groups with bank account opening and outreach to universities, financial institutions and the fisheries office to widen financial inclusion.