The Cebu leg follows a successful Mindanao run earlier this month, with a turnout of 384 participants. One of the Mindanao run attendees, Ms. Rachel Pugoy, Assistant School Principal of Digos City National High School for Academics shared, “Personally, I am really very happy, learning about how to get empowered financially. (I have learned) about (the importance) of financial readiness, especially when it comes to our health. We should always be prepared for emergencies, and this should be the basis of (how we manage) our income.”
Ms. Marites Chan, School Principal I of Vicenta Nograles National High School added, “The program was (very) good. CBS (provided us with vital) information–(our teachers) learned that they (need) to (learn how to) balance their (cash flow). They need to (manage) their needs and wants (better), as well as their financial expenses.”
CBS China Bank Savings Automatic Payroll Deduction Lending Group Head and First Vice President II Niel Jumawan will again lead his team, spreading the word on Financial Wellness with an expected 500 participants in the Cebu area. The program will consist of refresher courses focusing on proper financial planning, debt management, personal statement of assets and liabilities analysis, and effective saving strategies.
“We recognize the critical role that teachers play in our community, as well as in shaping our students’ lives. Our goal is to make sure that they are equipped with the resources, knowledge, and skills to make better choices, plan ahead, and ultimately, achieve financial independence,” said Mr. Jumawan. “We are sincerely grateful for this partnership with the Department of Education as this provides a platform for CBS to reach out to our esteemed educators nationwide.”
CBS China Bank Savings, the retail lending arm of China Banking Corporation has a network of 168 branches including APD Lending Centers and about 70 branch lites’, a total of 238 locations nationwide. Its ATM network is the country’s second largest in the thrift bank category, with 210. The Bank’s presence in the Visayas and Mindanao region extends to 20 branches, 10 APD Lending Centers, and 40 branch lites’. CBS is committed to providing for the financing needs of the SME sector and retail customers and improving the quality of life of the communities it serves, with the promise of “Easy Banking for You.”
