Bangko Sentral ng Pilipinas Governor Eli M. Remolona, Jr. (second from left) and Her Majesty, Queen Máxima of the Netherlands, discuss financial health in Basel on 11 November 2025 with International Organization of Securities Commissions and Financial Services and Markets Authority of Belgium Chairman Jean-Paul Servais (leftmost) and Bank for International Settlements General Manager Pablo Hernández de Cos.
The Bangko Sentral ng Pilipinas (BSP) is gearing up to place financial health at the center of Southeast Asia’s economic agenda when the Philippines assumes the ASEAN chairmanship in 2026.
BSP Governor Eli M. Remolona Jr. underscored this priority during a fireside chat at the Bank for International Settlements (BIS) headquarters in Basel, Switzerland on November 11, 2025. The discussion brought together global financial leaders, including Queen Máxima of the Netherlands, the UN Secretary-General’s Special Advocate for Financial Health; BIS General Manager Pablo Hernández de Cos; and IOSCO Chairman Jean-Paul Servais.
The event, hosted by BIS’ Financial Stability Institute and the UNSGSA, spotlighted the growing push to ensure that individuals and families across the world can manage obligations, withstand financial shocks, pursue goals, and feel empowered about their financial future.
Governor Remolona stressed that ASEAN must strengthen financial health by expanding access to essential financial markets—stocks, bonds, insurance, and other tools that help individuals build resilience and long-term security.
He also met separately with Queen Máxima to explore potential regional initiatives the Philippines could champion in 2026, reinforcing the country’s commitment to advancing financial well-being across Southeast Asia.