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Feb 26 2024 ADB Grants to Fund Digital Transformation for 9 Philippine Rural Banks
By: FintechNews
Source: fintechnewsT
he Asian Development Bank (ADB) has allocated grants amounting to US$655,000 to support the digitalisation efforts of nine rural banks, plus a bank consortium in the Philippines. This financial assistance aims to facilitate these banks in adopting digital technologies to enhance their services, especially for the country’s underserved communities.
The banks set to benefit…