Course Description:

This foundational course provides new employees of financial institutions—or anyone interested in understanding the Philippine financial landscape—with a comprehensive overview of the country’s banking and economic systems. It introduces participants to the evolution of banking in the Philippines, the structure and roles of various financial and non-bank institutions, and the growing influence of digital finance, fintech, and open banking. Participants will also gain insight into the critical roles of regulatory bodies in maintaining financial stability and promoting inclusion, innovation, and consumer protection.

 

Course Objectives:

By the end of the training, participants will be able to:

1. Gain a foundational understanding of the Philippine banking industry and its development.
2. Familiarize themselves with the different types of financial institutions, including fintech firms and digital banks.
3. Identify the key players and roles of regulatory agencies in the Philippine economic system.
4. Develop a holistic view of the financial system beyond their specific job functions, supporting informed participation in the industry.

 

Course Outline:

Session I – Overview of the Philippine Banking Industry

• Evolution and Purpose of Banking
• History of Global Banking
• History and Development of the Philippine Banking System
• Role of Banks in Economic Growth and Financial Stability

 

Session II – The Philippine Financial System

• Structure of the Financial System
• Types of Banking Institutions:
  • Universal and Commercial Banks
  • Thrift Banks
  • Rural and Cooperative Banks
  • Islamic Banks
  • Digital Banks
• Non-Banking Financial Institutions:
  • Non-Stock Savings and Loan Associations (NSSLAs)
  • Credit Cooperatives, Investment Companies/Houses
  • Pawnshops and Financing Companies
  • Credit Card, Lending Companies, and Credit Granting Entities
  • Insurance, Pre-Need Companies, and Microinsurance Providers
  • Money Service Business, E-Money Issuers, and Virtual Asset Service Providers (VASPs)
  • Broker/Dealer, Trust Corporations
• Financial Institutions vs. Financial Intermediaries
• Traditional vs. Non-Traditional Financial Products and Services
• Emerging Financial Institutions and Trends:
  • Fintech Innovations
  • Hybrid Banking, Neobanking, and Open Banking
  • Open Finance and Financial Ecosystem Integration

 

Session III – Regulatory Framework and Challenges Ahead

• Overview of Philippine Financial Regulatory Agencies:
  • Bangko Sentral ng Pilipinas (BSP)
  • Securities and Exchange Commission (SEC)
  • Insurance Commission (IC)
  • Philippine Deposit Insurance Corporation (PDIC)
• Role of the Financial Sector Forum (FSF) and Financial Stability Coordination Council (FSCC)
• Key Policy Directions and Reforms
• Emerging Challenges in the Financial Landscape:
  • Digital Transformation and Artificial Intelligence
  • Cybersecurity Threats and Risk Management
  • Financial Inclusion and Accessibility
  • Climate Change, Sustainability, and Green Finance

 

Resource Person:

MR. EDGARDO C. SERVIENTO

Independent Director

Silahis Bank, Inc. (A Rural Bank)

 

Schedule:

February 13, 2026 (Friday) 9:00 AM – 5:00 PM

Training Fee per Participant:

Member Institution – Php 3,920.00

Non-Member Institution – Php 5,040.00

*VAT inclusive