Exploring Digital Banking in the Philippines: An Aid for Digital Financial Inclusion

Victorino, Michelle Lei S. (2021) Exploring Digital Banking in the Philippines: An Aid for Digital Financial Inclusion. In: The 3rd International Conference on Business and Banking Innovations, 6 & 7 March 2021, Surabaya.

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Abstract

Digital banks play major role in the Philippines’s banking system with its broad range of financial services specifically the on-set and during the SARS-CoV-2 pandemic that cause a rapid disrupt to the economy and shift to digitalization of banking system. The primary goal of the study is to explore the digital banking in the Philippines and its role as an ally in strengthening the attainment of digital financial inclusion. Data are sourced through Bangko Sentral ng Pilipinas reports and survey statistics and related data. There is an evident strong support for digital financial inclusion from the government regulatory agencies through activities, policies and programs. A strong recommendation for all stakeholders to work closely to attain objectives and goals. Keywords: Digital Financial Inclusion, Financial Services, Banking, Digital Banks.

Item Type: Conference or Workshop Item (Paper)
Subjects: 300 - SOCIAL SCIENCE > 330 - 339 ECONOMICS > 332 - FINANCIAL ECONOMICS > 332.12 - BANKS & BANKING
Divisions: ICOBBI (International Conference of Business and Banking Innovations)
Depositing User: Perpustakaan Universitas Hayam Wuruk Perbanas
Date Deposited: 06 Sep 2021 06:12
Last Modified: 06 Sep 2021 06:12
URI: http://eprints.perbanas.ac.id/id/eprint/3945

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