(From left) Robinsons Supermarket Managing Director Stanley Co, SM Retail Inc. Controllership and Financial Planning Senior Vice President Jonathan Ng, Bangko Sentral ng Pilipinas Governor Felipe Medalla and Filinvest Land Inc. Deputy Chief Finance Officer Janeth de los Reyes sign the agreement for the deployment of coin deposit machines in the Greater Manila Area and nearby provinces. CONTRIBUTED PHOTO
THE Bangko Sentral ng Pilipinas (BSP) is preparing to install the first batch of 25 coin deposit machines (CoDMs) in several locations throughout the Greater Manila Area and neighboring provinces.
For that purpose, the BSP has signed a memorandum of agreement (MoA) with SM, Robinsons and Filinvest firms for the deployment of the CoDMs to advance digitalization and financial inclusion in the country.