A security guard stands at an entrance to the Philippine central bank headquarters in Manila, on December 14, 2021. Financial digitalisation had been high on the agenda of the central bank even before the pandemic hit. Photo: Bloomberg
A security guard stands at an entrance to the Philippine central bank headquarters in Manila, on December 14, 2021. Financial digitalisation had been high on the agenda of the central bank even before the pandemic hit. Photo: Bloomberg
Benjamin E. Diokno
Opinion

Opinion

Eye on Asia by Benjamin E. Diokno

Covid-19 has turbocharged digital banking in the Philippines. Now, for the region

  • The pandemic cruelly exposed the costs of financial exclusion for millions of Filipinos but also catalysed financial digitalisation
  • Countries in the region must work together to ensure that the benefits permeate borders

A security guard stands at an entrance to the Philippine central bank headquarters in Manila, on December 14, 2021. Financial digitalisation had been high on the agenda of the central bank even before the pandemic hit. Photo: Bloomberg
A security guard stands at an entrance to the Philippine central bank headquarters in Manila, on December 14, 2021. Financial digitalisation had been high on the agenda of the central bank even before the pandemic hit. Photo: Bloomberg
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