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BSP Holds Public Information and Financial Learning Campaigns in Taguig City

06.19.2017

The Bangko Sentral ng Pilipinas (BSP) will hold its “Be up to SPeed on BSP” Information Campaign on the Role of the BSP in the Economy and “Paghahanda sa Kinabukasan” Financial Learning Campaign for Overseas Filipinos and their Beneficiaries on 20-21 June 2017 in Taguig City University (TCU). These activities are part of the second leg of BSP’s Economic and Financial Learning Program (EFLP) for 2017. The EFLP aims to promote greater public awareness and understanding of key economic and financial issues through various learning sessions. It also embodies the goal of the BSP to promote economic and financial education among its stakeholders, who can then become more effective partners of the BSP in safeguarding price stability and in ensuring a stronger and safer banking and payments system. A Financial Education Expo has also been conducted in TCU earlier in May as part of the EFLP.

 The “Be up to SPeed on BSP” information campaign will cover recent economic developments and the role of the BSP in the economy, with emphasis on the three pillars of central banking, i.e., price stability, financial stability and efficient payments and settlements system.  Two sessions will be conducted: one for professionals and another for students/other members of the academe. 

The “Paghahanda sa Kinabukasan” Financial Learning Campaign for Overseas Filipinos and their Beneficiaries (FLC-OF), conducted in cooperation with the Overseas Workers Welfare Administration (OWWA), aims to educate participants on the importance of using remittances to build up savings and directing these into investments in financial products and business ventures. Through this learning advocacy, the BSP hopes to help overseas Filipinos and their beneficiaries achieve financial security, bring them into the fold of the formal financial system, and enable them to participate more meaningfully in the country’s economic development.  Officials from the BSP, as well as from the Department of Trade and Industry (DTI), will give briefings on topics such as financial planning, investment, and business opportunities.

To date, the BSP has conducted more than 160 PICs and 90 FLCs all over the country since 2000 and 2006, respectively. These campaigns have been attended by more than 15,000 representatives from the academe, business and labor sectors, the banking community, government and non-government organizations, as well as members of the media and more than 11,500 OFs and their beneficiaries.

Interested parties may contact Ms. Lizette O. Antonio at telephone number (+632)708.7275 or email address antoniolo@bsp.gov.ph.

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