September 12, 2012

2-day Asian Seminar on Financial Literacy Held

A two-day seminar dubbed "Asian Seminar on financial literacy and inclusion: Addressing the upcoming challenges" was held last September 11-12 at the Shangri-la Mactan Resort and Spa in Lapulapu City, Cebu. This event was co-hosted by the Organization for Economic Cooperation and Development (OECD) and the Bangko Sentral ng Pilipinas (BSP) with the sponsorship of the Government of Japan, gathered top ranking officials and experts from central banks, private sector, academe, non-government organizations from Asian countries. A keynote address was delivered by no less than BSP Governor Amando M. Tetangco Jr. on the opening day while Andre' Laboul, OECD head of the Financial Affairs Division and chairman of the International Network on Financial Education gave the opening remarks setting the global context.International speakers include Shaohua Zhang, director of the Research Institute of Finance and Banking of the People's Republic of China; Peter Meyer, US-ASEAN Business Council Financial Services Working Group and vice president commissioner of PT Chartis Insurance Indonesia; Lebogang Ramofoko, chief executive officer of Soul City Insitute; Wichai Limpitikranon, manager of Business and Economic Development Program, Kenan Institute Asia in Thailand and Yousra Hamed, technical officer of the Social Finance Programme of the International Labor Organization. Discussions addressed the needs of countries looking to develop effective and coordinated financial education programmes with a particular focus on the Asian region: Financial education globally and in Asia Financial education on credit Financial education through innovative channels Financial literacy and SMEs Financial education for migrant workers Case studies on financial education for youth and in schools These discussions built on internationally recognised standards developed by the OECD and the International Network on Financial Education (INFE). Also included in the agenda include discussions on Policy Implications and Experience. Representing TSKI in this 2-day event were Ritzie Mar Apaitan, Acting Operations Director/Regional Head; and Roxie Abagatnan, Research, Planning, and Information Department Manager. TSKI, because of its role as one of the leading Microfinance institutions in the country and a catalyst of change and development in the lives of the poor was invited to join this event.
Note: parts of this article was reposted from the following online sources:
» "Cebu to host 2-day Asian Seminar on Financial Literacy Sept 11-12" Fayette C. Riven, posted Friday 7th of September 2012
» "Asian Seminar on financial literacy and inclusion: Addressing the upcoming challenges"

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