Push Admin

The facade of the Bangko Sentral ng Pilipinas on February 15, 2024. Jonathan Cellona, ABS-CBN News

Article (news)

Lady Vicencio

ABS-CBN News

MANILA - The Bangko Sentral ng Pilipinas expands its financial education campaign to social workers, farmers, and fisherfolk.Partnering with the Department of Social Welfare and Development and the Department of Agriculture, employees will have access to online learning modules tackling financial literacy.BELA, or the BSP E-Learning Academy offers lessons on financial planning, budgeting, and debt management laid out in videos, interactive activities, and assessments.BSP Deputy Governor Bernadette Romulo-Puyat underscored the importance of financial education amid the rise in credit card use.DSWD Secretary Rex Gatchalian said social workers should be equipped with knowledge and skills on financial literacy as frontliners in empowering the vulnerable sector.“If we train them to become trainers, that’s a force multiplier that will spread across 7,000 plus islands in the farthest and smallest island out there so we can send a good word that financial literacy is social protection,” Gatchalian said.The program is under the central bank’s National Strategy for Financial Inclusion. Through the agriculture development, online modules can also be accessed by farmers and fisherfolks.Lessons in the modules were developed by the private sector represented by BDO Unibank.BDO Foundation President and CEO Nestor Tan believes the program will help bridge the gap between those who are yet to open their bank accounts.“20 to 30 percent of municipalities still have no formal banking. Financial literacy will educate them on the importance of banking. This is where we play the role. For those using accounts for payments, if they want to expand the relationship, we will be there,” Tan said.The BSP said the e-learning modules will soon include lessons in investments and fraud protection.<div><iframe width="640" height="360" src="https://www.youtube.com/embed/awLDdw8Yruo?&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe> </div>

The Bangko Sentral ng Pilipinas expands its financial education campaign to social workers, farmers, and fisherfolk.

The Bangko Sentral ng Pilipinas expands its financial education campaign to social workers, farmers, and fisherfolk.

BSP brings financial education to social, agri workers

News

Entertainment

Lifestyle

Sports

Metro.Style

More

Traffic

Manila

Horoscope

Business

BSP brings financial education to social, agri workers

Lady Vicencio,

ABS-CBN News

Published Aug 05, 2024 06:33 PM PHT

Read More:

Bangko Sentral ng Pilipinas

BSP

financial education

financial literacy

online learning

online modules

ABSNews

ABS-CBN is the leading media and entertainment company in the Philippines, offering quality content across TV, radio, digital, and film. Committed to public service and promoting Filipino values, ABS-CBN continues to inspire and connect audiences worldwide.

Corporate

Investors

Governance

International Distribution

Corporate

Governance

Investors

International Distribution

NPC Seal of Registration

Privacy Policy

AI Policy

Terms of Service

Advertise with Us

© 2025 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2025 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2025 ABS-CBN Corporation. All Rights Reserved.