Just attended the webinar of Cebuana Lhullier Bank about how to Discover Your Ipon Power. It's a real good way to learn more about Micro Savings which would help a lot of people to save in their own little way.
Securing the future should be possible for every Filipino. The lack of accesibility, the identification documents needed and the fees all scare them away and most people prefer to just keep their money at home.
Michael Sena of Cebuana Lhullier says "We welcome you to discover your Ipon Power. The response of the Filipinos has been overwhelming as we saw 3.5 Million become a part of the movement, changing the lives by changing their ipon habits and joining our microsavings progam. The pandemic has been very difficult but it has showed how we needed to change things. In behalf of Cebuana Lhullier, we believe that every Filipino deserve the best tomorrow today, thank you!"
Ben Diokno of BSP says "I agree with today's theme, there is power in savings. It allows us to dream big, and it is what we want to be in everyone's reach. This is part of our move to have everyone involved in financial inclusion. Even before the pandemic, we have seen the value of a formal account. BSP has made changes to democratize account ownership. Around 7 Million accounts will be part of the social amelioration program and its financial services. Filipinos can now go to convenience stores, pawnshops to transact now. Aside from addressing barriers, we are all seeing the fruits of our digital push, to build and ecosystem that can benefit individuals and businesses. Payment sreams, infrastructure and standards will be part of the pillars we choose to achieve in a few years. We are stepping up our digitization efforts and putting up consumer protection framework in this client focused banking industry. We will continue to implement the BSP Online Buddy (BOB) to make our services closer to people. They are close to target segments and close markets to deliver essential services to those who haven't been reached before. We are happy to know Cebuana Lhullier Bank is doing good, in making sure people have digital payments so they too can get convenience in services for savings and insurance. Together let us work to make sure every Filipino has a financial account and security."
Dennis Valdez the President of CL Rural Bank says "We want to bring financial inclusion regardless of who they are and wherever they may be. It's for the friendly neighborhood lender, the friendly kasambahay, to bring accessibility to over 5 million account holders nationwide. We embarked on a campaign to promote in far flung places to talk to them and include them in these. The challenges in the pandemic made us look for more opportunities to answer the needs of our clients. It has challenged us to be more accessible, more convenient, hence we introduce to you the new and improved Cebuana Lhullier Microsavings."
This is integral to the new normal, the new Cebuana Lhullier Microsavings has maximum accessibility. It can be accessed with over 21000 Bancnet ATM's and the existing Cebuana Lhullier branches nationwide. Now they have a place to pay bills, do online shopping, fund transfers, and use Unionpay payment systems across the country. You have online access, via the new eCebuana app where you can transfer via Instapay, buy eload and a place to buy insurance, jewelry, and more. Soon they will also implement payment via QR, and you can open an account now online. This is cashless and has full online access, this is your IPON POWER.
For those who are asking, opening an account only needs 1 valid ID, an initial deposit of Php50 and card fee of Php150 so you can access it anywhere.