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Message for the Annual Reception for the Banking Community

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

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· Eli M Remolona Wiki · Bangko Sentral ng Pilipinas WikiMessage for the Annual Reception for the Banking Community

ContextKeynote message by Eli M Remolona, Jr, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the 2024 Annual Reception for the Banking Community, Manila, 10 January 2025.

Why it mattersThe Philippine governor sets Open Finance as a priority with the banking industry.

Problems raised
  1. Financial services must fit people's needs.
  2. Choice is limited.
  3. Progress must continue.
Solutions proposed
  1. Build on 2024 milestones.
  2. Intensify Open Finance.
  3. Work with banks on shared goals.
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