The Central Bank of the Philippines (Bangko Sentral ng Pilipinas) published remarks by Governor Eli M. Remolona Jr delivered at its annual reception for the banking community in Manila, calling for continued collaboration between banks and the BSP on digitalisation and financial inclusion. He also urged the BSP and banks to step up Open Finance efforts so that people can choose financial services that best suit their needs.
Central Bank of the Philippines 2025-01-11
Central Bank of the Philippines Governor urges banks to intensify Open Finance and advance digitalisation and financial inclusion
The Central Bank of the Philippines, through Governor Eli M. Remolona Jr, emphasized the need for ongoing collaboration with banks on digitalisation and financial inclusion during its annual reception in Manila. The Governor also called for enhanced efforts in Open Finance to enable consumers to select financial services that best meet their needs.