Philippines lags behind peers in bank penetration, survey shows

Philippine Daily Inquirer – The Philippines is considered one of the laggards in the Asia-Pacific region in the area of financial services reach, ranking only 12th out of 15 countries in terms of the proportion of working-age population who have accounts with banks or other financial institutions. Results of a regional survey, done recently by [...]

Bangko Sentral ng Pilipinas Governor Amando M. Tetangco, Jr. highlights new vision of microfinance

By: Eric Miller, guest blogger Once again, RBAP-MABS held a successful National Roundtable Conference at the Hyatt Hotel and Casino in Manila. Over 140 rural bankers and other private sector partners joined RBAP-MABS to discuss the latest trends, challenges and innovations in microfinance this year. Over the next few weeks, we will be providing a [...]

U.S. Ambassador Harry K. Thomas, Jr. supports rural bankers’ advocacy for Greater Financial Inclusion

In his keynote speech at the 57th National Convention of Rural Bankers Association of the Philippines (RBAP), U.S. Ambassador Harry K. Thomas, Jr expressed his support for greater access to financial capital and social safety nets for all Filipinos. The U.S. government has assisted the RBAP for more than ten years through the Microenterprise Access [...]