MANILA, Philippines—The Bankers Association of the Philippines (BAP) will push for key reforms to strengthen the financial system and hasten the economy’s recovery from the crippling effects of the COVID-19 pandemic.
Jose Arnulfo “Wick” Veloso, newly-elected BAP president, made the statement as he also committed the umbrella organization of the country’s largest financial institutions to supporting initiatives to make banking services more accessible and affordable for more Filipinos.
Veloso, who is also president and CEO of the Philippine National Bank, is the first head of the BAP to have been elected by a popular vote since the group was established in 1949 rather than being s…
Keep on reading: New BAP leadership pushes reforms to hasten PH economic recovery