Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco, Jr. shares a light moment with key government officials as they discuss the draft National Strategy for Financial Inclusion. Seated beside the BSP Governor are SEC Chairperson Herbosa, and CFO Secretary Nicolas.
BSP Governor Amando M. Tetangco, Jr. and officials of other government agencies approved the consultation draft of the National Strategy for Financial Inclusion. Seated, L-R, are BSP Deputy Governor Nestor A. Espenilla, Jr., National Economic Development Authority Deputy Director General Emmanuel F. Esguerra, Philippine Deposit Insurance Corporation President Cristina Q. Orbeta, BSP Governor Tetangco, Commission on Filipinos Overseas (CFO) Secretary Imelda O. Nicolas, Securities and Exchange Commission (SEC) Chairperson Teresita J. Herbosa, Department of Trade and Industry Undersecretary Zenaida C. Maglaya, and BSP Deputy Governor Vicente S. Aquino. Also present are officials from Cooperative Development Authority, Insurance Commission, Department of Budget and Management, Department of Finance, and Department of Social Welfare and Development.
The National Strategy for Financial Inclusion (NSFI) consultation draft was approved by the inter-agency body last 27 April 2015 at the Bangko Sentral ng Pilipinas. The NSFI provides a framework that will enable the public and private sectors to take a coordinated, organized, and efficient approach in bringing much-needed financial services to all, especially the low income and marginalized sectors. The draft NSFI will be exposed through a series of consultations in Manila, Cebu and Davao on May 20, 26 and 29, respectively.