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September 24, 2023

PayMongo’s CEO encourages Kakampinks as votes decide elections and not survey results

With less than a week before the May 9 elections and Presidential bet Leni Robredo still lagging behind on second place, PayMongo president and CEO Francis Plaza shared an important reminder on his social media platforms.

On Facebook, Plaza shared that while surveys can be an indicator of the poll’s results, the most important number should be the one determined on election day.

The bankero wrote: “Whatever methodology pollsters use, remember this: polls don’t decide elections. Votes do!

So go out and vote on Monday! This is one of those few elections that every single vote actually do matter.”


Three rural banks merge to enhance financial stability

Three rural banks have successfully merged in a move aimed at bolstering their financial stability, as confirmed by the Bangko Sentral ng Pilipinas (BSP). The merger officially took effect on July 13, following the necessary regulatory approvals, as detailed in a circular letter signed by Bankero and BSP Deputy Governor Chuchi G. Fonacier on September 15.

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