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BSP encourages public to open formal savings accounts

Published: June 15, 2022

The Bangko Sentral ng Pilipinas (BSP) on Wednesday, June 15, issued a reminder to the public to deposit their hard-earned money in formal accounts rather than keep their savings or cash at home. “The unnecessary accumulation of banknotes and coins prevents Philippine currency from being recirculate

Source: mb.com.ph

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Bangko SentralBenjamine DioknoCurrency DevelopmentPhilippine Deposit Insurance CorporationCurrency Development Sub SectorNew Generation Currency