Afghan Delegates Study Philippine Mobile Phone Banking Model

Eleven (11) delegates from the Da Bank of Afghanistan and United States Agency for International Development/Financial Access for Investing in the Development of Afghanistan (USAID/FAIDA) visited the country for a five-day study mission on March 6-10 to enable them to design and devise policy interventions for the mobile financial services in Afghanistan. The study tour included visits to the Bangko Sentral ng Pilipinas, major telecommunications companies and participating rural banks offering mobile phone banking services.

Hosted by the Rural Bankers Research and Development Foundation, Inc., (RBRDFI) in partnership with the USAID supported Rural Bankers Association of the Philippines-Microenterprise Access to Banking Services Program, the delegates observed the features and process of mobile money enabled banking services during their visits to GM Bank of Luzon and PR Savings Bank.

During their visit at the Bangko Sentral ng Pilipinas, the regulatory framework and supervision capability supporting electronic banking, especially mobile banking and mobile money services were discussed.

RBRDFI’s International Visitors Program promotes and shares the lessons learned in offering microfinance services as well as mobile money enabled banking services in the Philippines.  It has successfully coordinated study tours for delegates from more than 28 countries around the world.