2009 PDF 331 Kb
In 2009, the First Annual Global Microfinance Index and Study declared the Philippines as the best in the world in terms of its microfinance regulatory framework.

This Study by the Economist Intelligence Unit looked at 55 countries and measured each country's state of regulatory framework, investment climate and institutional development.

Overall, the Philippines ranked third in the world following the usual microfinance leaders, Peru and Bolivia.

2008 PDF 285 Kb
2008 saw continuous growth and dynamism in the Philippine microfinance industry with the backdrop of an enabling policy and regulatory environment. New players, a wider range of products and services, technological innovations and applications have driven much of the recent microfinance developments in the country.

2007 PDF 40 Kbs
The microfinance industry in the Year 2007 was characterized by innovation, dynamism and continued growth. The Bangko Sentral ng Pilipinas (BSP) remained responsive to these changes while maintaining the focus of its microfinance initiatives on increasing the scale and scope of microfinance in the country, specifically within the banking sector.

2006 PDF 24 Kbs
The Bangko Sentral ng Pilipinas (BSP) focused its microfinance initiatives for 2006 on increasing the scale and scope of microfinance in the country, specifically within the banking sector. The BSP endeavored to build on the previous year's (the 2005 International Year of Microcredit) gains and momentum to be able to further develop microfinance

2005 PDF 264 Kbs
The Year 2005 was declared by the United Nations as the International Year of Microcredit to highlight the role of microfinance in poverty alleviation and economic development.

Through BSP's advocacy, 2005 was also declared as the Philippine Year for Microfinance through Presidential Proclamation 719 and Senate Resolution 124.