BSP gov to rural banks: Reach out to more ‘unserved’ towns, cities

Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. urged the country’s 514 rural banks on Monday to help the BSP make more gains in financial inclusion by reducing the number of local government units “unserved by any bank.” Tetangco said 37 percent of all the local government units nationwide are unserved until now, but the …

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