Philippines' Tetangco praises microfinance
Microfinance is no longer a "mere buzzword" but part of the financial mainstream, said Amando Tetangco, the governor of the Central Bank of the Philippines.
Speaking at a microfinance conference, Tetangco said, that with 229 banks active in the sector, microfinance has now a firm track record across Philippines for nurturing successful microentrepreneurs.
To read the speech, click here
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