#PIDSInfoBits: Did you know that financial exclusion in the Philippines is widely involuntary in nature?
Moreover, involuntary reasons, such as distance, high cost, lack of documentation or lack of trust in financial institutions, are greater in the Visayas and Mindanao regions.
Know more about the reasons for financial exclusion in the country by reading the PIDS study titled “Understanding and Measuring Financial Inclusion in the Philippines” available here: https://pidswebs.pids.gov.ph/CDN/PUBLICATIONS/pidsdps2137.pdf.