
Digital Banking: Central Bank of the Philippines Is Open to Exploring Investment Opportunities from Qatar to Streamline its Financial Sector
Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, is reportedly open to exploring potential investment deals from Qatar. According to a BSP representative, these deals will focus on digital banking and Fintech projects.
Arifa A Ala, the MD at BSP, noted that the nation’s reserve bank has been open to several different ideas and supporting regulations that would introduce new types of digital transactions in the country’s banking sector and also help non-bank financial institutions with adopting the latest digital technology.