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Welcome message - 2nd Digital Financial Inclusion Awards

· Eli M Remolona, Governor of the Bangko Sentral ng Pilipinas (Philippines)

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· Eli M Remolona Wiki · Bangko Sentral ng Pilipinas WikiWelcome message - 2nd Digital Financial Inclusion Awards

ContextWelcome message by Eli M Remolona, Jr, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), for the Second Digital Financial Inclusion Awards (DFIA) – Awarding Ceremony, Manila, 24 October 2023.

Why it mattersRemolona rewards efforts to bring small entrepreneurs into digital finance.

Problems raised
  1. Many microentrepreneurs remain outside the financial system.
  2. Adoption of digital finance is uneven.
  3. Small firms need better access to credit.
Solutions proposed
  1. Recognise and reward digital financial inclusion efforts.
  2. Support microfinance institutions in going digital.
  3. Promote digital payments among small businesses.
Read full speech on bis.org ↗

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