Uno Digital Bank has tied up with Singapore-based Proxtera to train 10,000 homegrown MSMEs on financial literacy as part of the SME Financial Empowerment (SFE) program to help integrate them into the banking system and empower them to scale and grow.
UNO Digital Bank has tied up with Singapore-based Proxtera to train 10,000 homegrown micro, small and medium enterprises on financial literacy as part of the SME Financial Empowerment program to help integrate them into the banking system and empower them to scale and grow. Such joint initiative is a step toward educating millions of unbanked Filipinos that traditional financial institutions find hard to reach.
“When you piece all this together, the financial literacy penetration is very low because people haven’t really understood what it means to integrate into organized banking or have a relationship with financial institutions,” said Manish Bhai, chief executive officer of UNO Digital Bank. “We want to promote financial literacy as an entry point to the formal financial sector.”
Those who finish the course will receive a digitally verifiable certificate, gain access to a resource hub with financial services tools and knowledge services, and get a digital bank account and loan facilities. Bhai cited the partnership “will definitely help the business owners out there to make use of multiple financial products that will enable them to grow their business, and be profitable and self-sustaining.”
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Chinese bank says missing chairman cooperating with authorities in an investigationReuters previously reported, citing sources, that authorities took Bao Fan away to assist in an investigation into former China Renaissance president Cong Lin.
Baca lebih lajut »
DLSU’s robotic medical aid gets Singapore patentMANILA, Philippines — A “wearable robot” developed by De La Salle University (DLSU) to help the rehabilitation of stroke and injured patients has received its first international patent from
Baca lebih lajut »
Deadly Palestinian attack sparks more West Bank violenceA Palestinian gunman killed two Israeli brothers as they were driving in the occupied West Bank on Sunday, February 26, sparking attacks by Israeli settlers on houses and cars during which one Palestinian was killed, according to officials. | Reuters
Baca lebih lajut »
Deadly Palestinian attack sparks more West Bank violenceA Palestinian gunman killed two Israeli brothers as they were driving in the occupied West Bank on Sunday, sparking attacks by Israeli settlers on houses and cars during which one Palestinian was killed, according to officials.
Baca lebih lajut »
Yellen says World Bank nominee's credentials will overcome selection criticismThe swiftness with which US President Joe Biden nominated Ajay Banga for World Bank president has drawn criticism that the United States never wanted an open contest for the job.
Baca lebih lajut »
Incoming World Bank chief faces tests before he gets to climateThe World Bank's next president would have to deal with issues surrounding the multilateral lender's finances and capital structure.
Baca lebih lajut »