BSP, BDO Foundation launch 6 new financial modules

The Bangko Sentral ng Pilipinas (BSP) and BDO Foundation have launched six new e-learning modules to advance financial literacy and support inclusive economic participation across the country.

The new digital lessons complete a nine-module program hosted on the BSP E-Learning Academy and are part of a long-term partnership between the central bank and the corporate social responsibility arm of BDO Unibank.

“Central banks need to be bilingual,” said BSP Governor Eli Remolona Jr. at the launch.

“Fluent not only in market speak, but also in inclusive language that resonates with the public. This is where financial literacy comes in. To make people understand policies better, institutions like the BSP should communicate more clearly and effectively. This fosters engagement, informed financial decisions, and a more inclusive economy,” he said.

The newly launched modules focus on topics including Basics of Investing, Fraud and Scams, Financial Consumer Protection, Digital Financial Literacy, Personal Equity and Retirement Account (PERA), and the BSP’s Role in the Economy.

These complement the first set of modules released in 2024, which covered Financial Planning, Budgeting and Saving, and Debt Management.

TESDA, the Technical Education and Skills Development Authority, is the first institutional partner to implement the e-learning modules via the TESDA Online Program, bringing foundational financial knowledge to vocational and technical learners nationwide.

BDO Foundation president Mario Deriquito praised the expanded collaboration, noting the role of modern, accessible learning tools in achieving financial inclusion.

“Trust that BDO Foundation will remain committed to the task of ensuring that more Filipinos are equipped with the right tools and knowledge that would lead us closer to our goal of financial inclusion,” Deriquito said.

He emphasized the need to invest in timely innovations that keep financial education borderless and scalable across sectors.

The BSP and BDO Foundation plan to make the modules available through additional institutional platforms to widen public access.

The partnership aligns with the National Strategy for Financial Inclusion, which the BSP leads to improve economic participation, especially among underserved and vulnerable populations.

The initiative supports the broader goals of financial stability and literacy by giving Filipinos access to credible, easy-to-understand information on everyday financial decisions.