Department of Finance

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    Date: 2021-10-31 01:17:45.094339

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    Date: 2021-11-03 09:16:21.559838

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Data on Filipino Savings Habit

Requested from DOF by E. Sumatra at 01:17 AM on Oct 31, 2021.
Purpose: Thesis for my MS Marketing Degree
Date of Coverage: 01/01/2020 - 10/31/2021
Tracking no: #DOF-228622088657

Sumatra 01:17 AM, Oct 31, 2021

Hi! I am working on my grad school thesis with the objective of looking into the relationship of Generation Z students’ preference for a cooperative savings product.

I humbly request the following data:
1) No. of Filipinos w/ savings account on banks (pls. classify according to age bracket)
2) No. of Filipinos w/ savings account to any financial institutions (pls. classify according to age bracket)
3) No. of Filipinos w/ personal savings (pls. classify according to age bracket)
4) If available, any figures related to Filipino savings habit (pls. classify according to age bracket)

November 3, 2021

Dear Emmanuel Joseph,

Greetings!

Thank you for your request dated Oct 31, 2021 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.

Your request

You asked for Data on Filipino Savings Habit.

Response to your request

While our aim is to provide information whenever possible, in this instance this Office does not have [some of]* the information you have requested. However, you may wish to contact  the Bangko Sentral ng Pilipinas at telephone number 8811-1277 or email address: bspmail@bsp.gov.ph or resubmit your request addressed to the correct agency on the eFOI portal at www.foi.gov.ph.

For further assistance you may review the FAQ section of the eFOI site: https://www.foi.gov.ph/help.

Your right to request a review

If you are unhappy with this response to your FOI request, you may ask us to carry out an internal review of the response by writing to Undersecretary Gil S. Beltran at gbeltran@dof.gov.ph. Your review request should explain why you are dissatisfied with this response, and should be made within 15 calendar days from the date when you received this letter. We will complete the review and tell you the result within 30 calendar days from the date when we receive your review request.

If you are not satisfied with the result of the review, you then have the right to appeal to the Office of the President under Administrative Order No. 22 (s. 2011).

Thank you.

Respectfully,
Rhodora Reyes
FOI Officer

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