· Felipe M Medalla Wiki · Bangko Sentral ng Pilipinas WikiMessage for 42nd Anniversary of Credit Card Association of the Philippines
Read full speech on bis.org ↗ContextMessage by Felipe M Medalla, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), for the 42nd Anniversary of Credit Card Association of the Philippines, Manila, 16 October 2022.
Why it mattersMedalla supports responsible growth of card lending.
Problems raised
- The credit card industry must grow responsibly.
- Consumers need protection.
- Digital payments are rising.
Solutions proposed
- Support industry initiatives.
- Strengthen consumer protection.
- Promote secure digital payments.