MABS shares Philippine Mobile Phone Banking experiences with China’s Microfinance Credit Companies

ims1Taking its part in the promotion of effective use of modern technology to support microfinance, MABS shared its expertise on mobile phone banking to officers and representatives of various financial institutions at the International Microfinance Summit held on July 23-24 in Hohhot, Inner Mongolia.
MABS Regional Manager for Mindanao and Senior Management Information System Manager Anthony Petalcorin discussed about the operations and success of mobile phone banking in the Philippines under the RBAP-MABS initiative. Centered on building a strong microfinance and micro-credit system in China, the summit featured topics such as micro-credit regulation, supervision, funding, supporting structures and new technologies for microfinance.

The summit was sponsored by the , the Asian Development Bank (ADB) and the Finance Office of Inner Mongolia. It was attended primarily by senior officers of the Micro Credit Companies in Inner Mongolia and other parts of China, as well as representatives from the ADB, the International Finance Corp (IFC), the GTZ, and China’s national and provincial government offices including financial regulators.