Philippines' Tetangco on harnessing credit

In the speech 'Harnessing credit for a better life for all' given on 19 April Amando Tetangco of the Central Bank of the Philippines said access to credit is an important element of economic development.

"The Bangko Sentral therefore is committed to the "democratization" of credit to ensure fair access to credit by all sectors of our economy - from blue-chip companies, to the man on the street, to start-up micro-enterprises.

"One of the challenges before us is to ensure that our microenterprises

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