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BSP open to extension of 2% cap on credit card rates - Vimarsana News

BSP open to extension of 2% cap on credit card rates

Published January 29, 2021, 5:00 AM Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said Thursday that the BSP could extend the imposition of a two percent ceiling on credit card interest rates for longer than six months to help Filipinos better manage their credit card debts. “That can be extended beyond the original six months,” he said after his weekly “GBED Talks” online press briefing. This implies that credit card users will continue to have lower billing statements for the rest of 2021. The BSP will be reviewing credit card rates and fees in May this year. BSP Gov...

Source: mb.com.ph
Recovery Plan grants to strengthen connectivity to community for WA seniors - Vimarsana News

Recovery Plan grants to strengthen connectivity to community for WA seniors

Age-friendly Communities Social Connectivity Grants Program recipients announced Almost $250,000 funded through the WA Recovery Plan to assist projects preventing social isolation and reducing the risk and occurrence of elder abuse  21 local government and community service organisations will receive a share in close to $250,000 of funding support towards projects and initiatives aimed at reconnecting seniors impacted by social isolation during COVID-19. Seniors and Ageing Minister Mick Murray congratulated the recipients of the Age-friendly Communities Social Connectivity Grants Program and...