Cebuana Lhullier Microsavings: The best tomorrow we deserve today

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.

"It's all about financial mobility, to be more convenient, accessible and powerful. This is just the first of many financial inclusion projects we have as we move forward to the new normal. This will provide financial access to millions of Filipinos, giving them access to cash or financing for business needs. Our 25,000 branches are ready to serve you, even easier and more affordable to do it online. The best tomorrow we deserve today." -Jean Henry Lhullier

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.

PESO SENSE: The Philippine Financial Freedom Campaign!

Toshihiro Tanaka says that in spite of developing countries, equality remains a problem. The world distribution of equality is susbtantially not implemented. Migration gives this to overseas workers but needs to be done in their original country. It should be included in development objectives. An opportunity to link and transform Filipinos by financial literacy through the launch of the Philippine Financial Freedom Campaign.

We need to integrate migration into new economic agendas.

Secretary Imelda Nicolas shared her views on how some overseas Filipinos come home without financial stability, but adds there is hope. Even though we shop til we drop, we should be spending wisely and they'll do this via a christmas themed campaign. This includes macro economic policies on remittances or private money transfers. Improving financial initiatives that will benefit the Filipino worker and their community. Financial literacy will be supported by local and national governing bodies. Modules are currently even done in seminars for OFW deployment that encourages saving and entrepreneurship. A great start for every age and financial status. She mentions a program called PESO SENSE which teaches skills and advice on saving plus pointers on how to acheive financial freedom. 

Mr. Patrick Gaston  the President of the Western Union Foundation says that this is such an important initiative for the Philippines and other countries. Their company decided to focus on education together with their NGO partners and see that vocational training, financial literacy is a very good example when they meant education for making lives better. Western Union says they want to approach this together with their business partners and the community so it would have meanigful impact.

Dr. Felipe Medalla, Monetary Board Member adds Bangko Sentral Ng Pilipinas fully supports this synergy and says we must harness technology too so we can level the playing field and increase the middle class. This would result in change in leadership, as we see now in the PDAF issue. As we get older our earnings rise but our expenditures follow suit. Educating is really important, this also includes dealing with uncertainty or problems in jobs and health. It's not an easy task, a very tall order but realizing this is the first step. He also mentioned the difference between economics and sociology. People should think about this campaign, but we have to note that GDP isn't a good measure for our national accounts since it doesn't include the real picture. Ours could be more if only our leadership does not lose focus. Improve remittances, make it fast and let the people benefit from it. 

S stands for shopping list

E stands for early shopping

N stands for no expensive gifts

S stands for Solid future

E is for Earn and Save

Makes sense no? So the next time you get your 13th month pay, think about what you are spending and how much you could save with a little bit of SENSE. :) 

Visit ther official website

http://www.pesosense.com

Samsung Digital Home Appliances: The Eve of Digital Inverter CompressorRefrigerators

Samsung among all things have been leading in the technology department; and just like any good manufacturer they are bringing this all into your homes via their appliances. It was my first time seeing all of these and it turned out to be an awesome day. Why? I'll tell you in a bit. For starters, let's see what the event is all about. Ladies and gentlemen, this is Samsung Digital Home Appliances. Shall we start? =)

One of our hosts that quaint afternoon at Chef Jessie's restaurant in Rockwell was Yaya Ian Galliguez; I've never seen her before. Aside from playing this role complete with a British accent, she pretty much knows her way around the kitchen. She was showing us a couple of refrigerator models in front that's made me a lot interested because they were not ordinary. Since it's made from Samsung, these are all No-Frost Inverter Refrigerators. Imagine the technology that was initially only available on air conditioning is now being applied to other pieces of appliances and cooling systems; something only this company is actually capable of. Now that they are bringing it much closer to your home and they are bringing it even with style. Practical, less consumption of energy and environmentally friendly, these models are way advanced and give you savings which is more than what you can ask for in a fridge.