DBP executives led by Executive Vice President and Branch Banking Sector Head George S. Inocencio recently visited Ticao Island in Masbate to explore opportunities for financial inclusion and economic development in the area.
Ticao Island has an estimated population of around 90,000 people.
Despite a magnitude 6.1 earthquake that hit the region just hours earlier, the DBP team met with the mayors of San Jacinto and San Fernando, the two largest municipalities on Ticao Island.
The DBP hopes to expand access to formal financial services to more Filipinos in rural areas and promote economic growth through partnerships with local leaders and organizations.
