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Girls’s World Banking congratulates its Philippine community member CARD Financial institution for receiving the monetary inclusion champion award for the third 12 months in a row from the Bangko Sentral ng Pilipinas (Central Financial institution of the Philippines). This report has allowed CARD Financial institution to be inaugurated into the regulator’s Corridor of Fame for that class. We’re pleased with our community member. Their dedication to and success in serving the low-income rural girls within the Philippines is a beacon of inspiration for the remainder of our community, and the microfinance business as an entire.
Press launch from CARD Financial institution:
CARD Banking Group:
BSP’s Corridor of Fame for Monetary Inclusion Champion
CARD Financial institution, Inc. and CARD SME Financial institution, Inc., each members of the CARD MRI group, obtained prestigious awards from the Bangko Sentral ng Pilipinas (BSP) throughout the tenth Awards Ceremony and Appreciation Lunch themed, “Hand in Hand in Sustaining a Steadfast and Sturdy Financial system.”
CARD Financial institution, Inc., for the third straight 12 months, is the Monetary Inclusion Champion. This elevated the financial institution to develop into a Corridor of Fame awardee for the stated class. Trying again, CARD Financial institution, Inc. was established on September 1, 1997 and envisioned to construct a sustainable monetary establishment owned, managed and managed by the landless rural girls by offering continued entry to monetary companies to an increasing consumer base by organizing and empowering landless rural girls.
In the meantime, the CARD SME Financial institution, Inc., obtained the second place award additionally for the Monetary Inclusion class. It was established on July 2011 to purposely attain out to purchasers who want larger monetary help on their companies which microfinance service suppliers can’t cater anymore.
The award on Monetary Inclusion acknowledges companions who show tangible outcomes when it comes to breadth and depth of outreach to the beforehand unbanked or underbanked. The recipients of the award contribute to BSP’s purpose of monetary inclusion within the areas of coverage and regulation, capacity-building, and client safety.
Different notable establishment awarded is the Microfinance Council of the Philippines, Inc. (MCPI) because the Most Excellent Monetary Inclusion Accomplice this 12 months. This 12 months’s awarding ceremony acknowledged 71 excellent institutional companions all around the nation in numerous classes.
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