Espenilla made the statement in his inaugural speech at the 24th Anniversary Program of the central bank at theBSP Complex in Manila. Espenilla also took his oath as the new Bangko Sentral chief before Finance Secretary Carlos Dominguez 3rd, who represented President Rodrigo Duterte. “We cannot also be blind to the dark spectre of cyber-crime that can quickly undermine trust in our financial system. Espenilla noted that being the new “team captain” of the BSP have been an immense honor and privilege. From that vantage point, national issues and high-level problems may overshadow the needs and concerns of the BSP community,” he said.

Source: Manila Times July 03, 2017 16:18 UTC