THE BANGKO SENTRAL ng Pilipinas (BSP) could consider granting more than four new digital banking licenses if enough applicants are able to comply with the stricter criteria, an official said.
BSP Deputy Governor Chuchi G. Fonacier said on Monday that “there is a possibility” of granting more than four licenses for digital lenders, subject to the approval of the Monetary Board.
“It depends, we will see. Does it have a good value proposition? It will be up to the Monetary Board (if it will) go beyond the four,” she told reporters.
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