Date of Publication
10-29-2022
Document Type
Bachelor's Thesis
Degree Name
Bachelor of Science in Management of Financial Institutions
Subject Categories
Finance and Financial Management
College
Ramon V. Del Rosario College of Business
Department/Unit
Financial Management Department
Thesis Advisor
Nissa Marie Toledo
Defense Panel Chair
Benedict Bismark
Defense Panel Member
Rene Betita
Julius Buendia
Abstract/Summary
The focus of this study is on two things: (1) to examine the impact of digital finance on financial inclusion in the Philippines, and (2) to explore the relationship between financial inclusion and economic growth of the Philippines. The data used in this study was obtained from the Global Findex Database published by the World Bank and Philippine Statistics Authority (PSA), specifically for the years 2014, 2017, and 2021. The design of the study is quantitative wherein the researchers formulated an index that will measure financial inclusion and utilized the probit model and the Arellano-Bover Generalized Method of Moment (GMM). Through this, the researchers were able to establish whether demographic characteristics can be utilized as predictors of financial inclusion and also see if there is a relationship between economic growth and financial inclusion.
Abstract Format
html
Language
English
Format
Electronic
Keywords
Electronic funds transfers—Philippines; Internet banking—Philippines; Philippines—Economic conditions—1986-; Quality of life—Philippines; Social accounting—Philippines
Recommended Citation
Bobier, S. M., Carbonilla, G. O., Mallari, A. L., & Moleno, E. D. (2022). The rise of fintech in the Philippines: A study on the impact of digital finance and demographics on financial inclusion and its effect on economic growth. Retrieved from https://animorepository.dlsu.edu.ph/etdb_finman/50
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Embargo Period
6-15-2023