Philippine central bank boosts financial literacy with tech [Video]

The Bangko Sentral ng Pilipinas (BSP), the Philippines’ central bank, in collaboration with its partners, hosted the 2024 Financial Education (Fin-Ed) Stakeholders’ Congress to spotlight the role of digital technology in promoting financial literacy across the Philippines. Held on November 19-20 at the Philippine International Convention Center (PICC) in Pasay City, the event underscored the need to equip Filipinos with essential financial skills to improve decision-making in savings, investments, and retirement planning.

“It [financial education] also gains momentum when we embrace technology, making lessons and tools more accessible and ensuring they reach people wherever they are,” BSP Deputy Governor Bernadette Romulo-Puyat emphasized. “For instance, the BSP E-Learning Academy, or BELA, will be available next year as an online platform to allow Filipinos to gain valuable financial skills anytime and anywhere.”

A leap toward digital learning

A central …