[Finterest] Want kids to save early? Here's what BPI’s 'Lolo' TG Limcaoco has to say

BPI. BPI CEO and president TG Limcaoco speaks at an event.

Lance Spencer Yu/Rappler

If you ask the topshots at the country's oldest bank, financial stability is all about starting young

MANILA, Philippines – A child’s first savings account will not make them rich overnight.

At current bank rates, even a few thousand pesos will earn only a modest amount of interest. But that’s not really the point.