TIM eMagazine Vol . 2 Issue 3
About IFC
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FC , a member of the World Bank Group , is the largest global development institution focused on the private sector in emerging markets . Working with 2,000 businesses worldwide , we use our six decades of experience to create opportunity where it ’ s needed most . In FY16 , our long-term investments in developing countries rose to nearly $ 19 billion , leveraging our capital , expertise and influence to help the private sector end extreme poverty and boost shared prosperity . For more information , visit : www . ifc . org
About IFC-supported Sustainable Banking Network
T he Sustainable Banking Network is a knowledge and capacity-building platform of financial regulators , banking associations , and environmental regulators from emerging markets interested in developing sustainable finance frameworks based on national context and priorities , as well as international good practices . IFC acts as the Secretariat of the Network , playing the role of facilitator and technical adviser to SBN . SBN membership now consists of 31 member countries , which represent over 85 percent of the banking assets across emerging markets . For more information on the Sustainable Banking Network , visit www . ifc . org / sbn .
About Bangko Sentral ng Pilipinas
T he Bangko Sentral ng Pilipinas ( BSP ) is the central monetary authority of the Republic of the Philippines . Its primary objective is to maintain price stability conducive to a balanced and sustainable economic growth . It aims to promote and preserve monetary stability and convertibility of the national currency . The BSP provides policy directions in the areas of money , banking and credit . It supervises operations of banks and exercises regulatory powers over non-bank financial institutions with quasibanking functions . The BSP likewise takes lead in promoting an efficient payments and settlements system by providing the necessary infrastructure through the operation of the Philippines ’ real time gross settlement system .
The vision of the BSP is to be a world-class monetary authority and a catalyst for a globally competitive economy and financial system that delivers a high quality of life for all Filipinos . To support the achievement of this vision , the BSP has committed to promoting financial inclusion as a means to achieve inclusive growth . The BSP initiatives cover four broad areas ( a ) policy and regulation , ( b ) financial education and consumer protection , ( c ) data and measurement , and ( d ) advocacy programs . www . bsp . gov . ph
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