Philippines Real Time Monitoring of COVID-19 Impacts

Tried to Acess Financial Service (%) One in three households tried accessing financial services • Remittance agents and ATMs are the most used channels (36%). The gap in access to financial services between income groups varies by the channels for financial services. • The gap is smallest among microfinance/NGOs and cooperatives as well as remittance agents. • In contrast, poor households lag far behind in accessing ATM, mobile money, and banks. Remittance Agent ATM Mobile Money Bank Microfinance, NGOs Cooperatives 0 All 10 20 30 40 50 50 ■Q1-poorest ■Q5 richest 60 00

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