Bank of the Philippine Islands (BPI) is a worthy winner of this award. At the heart of the bank’s philanthropic efforts is its BPI Foundation, which touches the lives of more than one million financially under-served Filipinos in 75 of the country’s 81 provinces.
A core tenet of the foundation is the pursuit of better financial literacy. According to a 2022 report by the World Bank and the George Washington University School of Business, between 40% to 50% of adults are financially literate, putting the Philippines on a level with the likes of Mongolia.
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