Listen "Bringing the unbanked into the banking community"
Episode Synopsis
Today I'm talking to Senior Executive Vice President at BDO Unibank, Walter Wassmer. We talk about how banks have a significant role in sustainable development, for example BDO has an impact on all the SDGs, through green financing targeted towards energy efficiency and renewable energy. BDO also finances infrastructure projects in collaboration with the government to increase livelihood opportunities. BDO also values social inclusion, and they are trying to give people in rural areas access to banking facilities, to enable development, since 70% of the Philippine population is unbanked. BDO also supports the OFW in education on financial literacy, along with more independent management of the inward remittances, which is a huge engine of development.
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