Philippine banks has so far raised P83.04 billion via the issuance of debt securities in the domestic market last year to augment their loan books and at the same time support their respective expansion programs.

Citi is bullish about the economic growth prospects of the Philippines as it continues to embrace digital revolution and financial inclusion.

The Bangko Sentral ng Pilipinas (BSP) is urging government agencies to leverage on the new and existing payment and settlement systems under the regulatory frameworks of the central bank.

The Bangko Sentral ng Pilipinas has given three more companies the green light to operate virtual currency exchanges as it continues to put in place appropriate controls and adequate consumer protection.

The pursuit of financial inclusion through promotion of financial technology or fintech remains among the central bank’s top agenda under its new leadership.