At the League of Corporate Foundations’ 2025 CSR Conference and Expo in Makati, Bangko Sentral ng Pilipinas (BSP) Director Maynard Bryan Mojica urged both public and private sectors to prioritize diversity, equity, and inclusion (DEI) in financial services to protect the country’s most vulnerable groups.
Speaking at the Dusit Thani Hotel on July 1 during the event’s first plenary session, Mojica highlighted that while 56% of adult Filipinos now have financial accounts, significant gaps remain—particularly among women, youth, farmers, and those in remote regions like BARMM, where 93% of local government units remain unbanked.
Mojica identified key barriers to financial inclusion: lack of funds, insufficient identification documents, low awareness, and poor internet connectivity. He outlined BSP’s initiatives, such as basic deposit accounts, simplified ID requirements, youth financial inclusion programs, and partnerships with government agencies to promote digital payments and wage disbursements.
He emphasized that financial inclusion is not just about access, but also about financial health and resilience—enabling Filipinos to meet daily needs, recover from shocks, and plan for the future. Mojica called for more customer-centric financial products and a whole-of-government approach, inviting corporate foundations to collaborate on innovative solutions.
“Financial inclusion is about leaving no one behind,” Mojica said, stressing that coordinated efforts are needed to ensure the benefits of economic growth reach all Filipinos, especially the marginalized and underserved.Financial inclusion must prioritize vulnerable
sectors, BSP Director tells CSR conference
