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May 19 2020 
BSP chief: Fintechs should play bigger role in post-pandemic PH economy
The central bank wants local financial technology (fintech) firms to play a bigger role in the new economy that will emerge from the coronavirus pandemic to include lending money on a retail basis—functions previously the exclusive domain of traditional financial institutions before the COVID-19 crisis.
Bangko Sentral ng Pilipinas Governor Benjamin Diokno said so-called fintech companies…
