· Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas WikiDigital finance - a thrust toward financial inclusion
Read full speech on bis.org ↗ContextSpeech at the launch of a regulatory sandbox programme; Bangko Sentral ng Pilipinas keeps finance stable and promotes digital finance.
Why it mattersDiokno lets firms test new products under supervision.
Problems raised
- Many Filipinos lack financial access.
- Products need to be affordable and user-friendly.
- Private sector innovation is needed.
Solutions proposed
- Launch sandbox programs with the private sector.
- Develop accessible financial products.
- Promote digital finance for inclusion.