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BSP to present survey results on households’ financial conditions
DAVAO CITY, June 7 (PIA) –- The Bangko Sentral ng Pilipinas (BSP) is set to release on June 11 the results of its first Consumer Finance Survey of the Philippines (CFS), a data on the financial conditions of households.
Diwa C. Guinigundo, BSP deputy governor for Monetary Stability Sector, said the CFS results will specifically show what the households own (financial and non-financial assets) and from whom and how much they borrow (sources of credit and level of indebtedness).
The CFS also generates data on uncome, spending and insurance coverage of households, Guinigundo said.
He said the inaugural survey reveals interesting results on the Philippine consumers’ behavior and preferences as well as some policy implications based on the key findings.
The BSP will present the CFS results on Monday at 9:00 a.m. to 11:00 a.m. at the Seminar Room, BSP Davao Regional Office, Quirino Ave., Davao City.
BSP has invited stakeholders from different government and private institutions to grace the presentation. (PIA-11/Carina L. Cayon)
Diwa C. Guinigundo, BSP deputy governor for Monetary Stability Sector, said the CFS results will specifically show what the households own (financial and non-financial assets) and from whom and how much they borrow (sources of credit and level of indebtedness).
The CFS also generates data on uncome, spending and insurance coverage of households, Guinigundo said.
He said the inaugural survey reveals interesting results on the Philippine consumers’ behavior and preferences as well as some policy implications based on the key findings.
The BSP will present the CFS results on Monday at 9:00 a.m. to 11:00 a.m. at the Seminar Room, BSP Davao Regional Office, Quirino Ave., Davao City.
BSP has invited stakeholders from different government and private institutions to grace the presentation. (PIA-11/Carina L. Cayon)
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