BSP reveals 170% increase in basic deposit accounts for Q1 2

BSP reveals 170% increase in basic deposit accounts for Q1 2023

The number of Filipinos owning basic deposit accounts (BDAs) more than doubled in the first quarter this year thanks to the Philippine Identification System (PhilSys), according to the Bangko Sentral ng Pilipinas (BSP). Data from the BSP showed there was a 170 percent increase in the number of BDAs to…

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