BFL 0.16% $6.40 bsp financial group limited

The regional branches are effectively community service and loss...

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    The regional branches are effectively community service and loss leaders. There is a lot of mobile banking and other options now through the country (BSP and others). The main issue is changing the behaviours of the population who in the subsistence regions very much trust and use cash only. The cash going through the branches is very expensive to transport and there are obviously security costs.
 
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