February 13, 2024
Land Bank of the Philippines President and CEO Lynette Ortiz; Development Bank of the Philippines President and CEO Michael de Jesus; Union Bank of the Philippines President and CEO Edwin Bautista; Officer-in-Charge of the Bureau of the Treasury Sharon Almanza; fellow workers in government; distinguished guests; and valued investors nationwide and abroad, magandang hapon po sa inyong lahat.
First of all, I commend the Bureau of the Treasury for yet another significant milestone in the government’s commitment to providing safe, affordable, and accessible investment opportunities to Filipinos.
The theme for the Thirtieth Retail Treasury Bond offering, “Kaagapay Mo Sa Buhay”, perfectly encapsulates the deep partnership between the government and our people through RTB investments.
The RTB 30 is more than just a financial contract but a commitment to shared prosperity. It will help drive the government’s socioeconomic agenda forward and empower ordinary Filipinos to chart their path to financial freedom for a more secure future.
Nagpapakita ito ng isang klase ng gobyerno na handang umalalay sa mga Pilipino tungo sa pag-asenso, sa murang investment na limang libong piso.
These are precisely the types of programs that the government should actively promote.
We should instill in our people a mindset that embraces and normalizes a culture of saving and investing, all while actively participating in the nation’s development.
Moreover, I highly commend the BTr’s efforts to provide more inclusive investing opportunities to all Filipinos, both here and abroad, through the power of digital technologies.
RTBs are just a few swipes away, making investing as easy as ordering our favorite food delivery.
This empowers our people to effortlessly secure their future, all from the comfort of their homes and with just a tap of their fingertips. I have to thank the BTR and its partner banks and institutions for making this happen.
Moving forward, we must strengthen these digital channels and enhance cybersecurity measures to protect our investors.
The RTBs and their integration with digital channels are compelling evidence of the transformative power of innovation.
Beyond fueling economic growth, innovation cultivates a broader outlook on nation-building.
When embraced as part of a collective effort for the greater good, it has the potential to widen public perspective beyond the mere economics of investing.
It fosters a mindset where individuals equally prioritize the shared value of social dividends–that beyond personal gain, investments should contribute to the collective welfare of the community.
This is the kind of innovation and commitment to inclusive progress that should characterize Bagong Pilipinas.
On the part of the Department of Finance, be assured of our strong support for the BTR’s innovative programs for future issuances. We will continue to offer more attractive and dependable investment products available for small savers.
The DOF, together with the economic team, will continue fostering a stronger economy conducive to investing.
We will do this by bringing in more investments that create high-quality jobs for our people, ensuring ample liquidity in the financial system, and strengthening local capital markets.
Through retail treasury bonds, I am confident that we can accelerate our progress towards delivering an economy that works for the betterment of every Filipino and the future generations to come.
Muli, maraming maraming salamat sa inyong lahat at mabuhay po kayo.
God bless, thank you very much.