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CBS revives Financial Wellness Roadshow for Teachers


CBS China Bank Savings, the second largest thrift bank in the Philippines, is reviving its Financial Wellness Roadshow for Teachers with a Mindanao run and an expected 500 participants. The last time CBS sponsored free Financial Wellness Seminars for Teachers was in 2019, when a total of 21 sessions were held nationwide, including stops in the National Capital Region, Baguio, Cebu, Iloilo, Davao, and General Santos.


Led by CBS China Bank Savings Automatic Payroll Deduction Lending Group Head and First Vice President II Niel Jumawan, the 2024 edition of the Financial Wellness Roadshow will focus on refreshing teachers’ knowledge about debt management, financial goal setting, personal statement of assets and liabilities analysis, and saving strategies and techniques.


“We are grateful for the opportunity given to us by the Department of Education to service the financial needs of our modern-day heroes, our Department of Education teachers. This program is part of our efforts to give back to the community. We know our teachers are financially literate, but we also know that everyone needs a refresher course to update their personal financial strategies and techniques,” said Mr. Jumawan. “While we stand ready to provide for their financing needs, we also want to build each teacher’s capacity to grow their savings and achieve their financial goals independently.”


The roadshow will make three stops, Digos City, Davao City, and General Santos City. Jumawan shall also be touring CBS Mindanao Locations, including Kidapawan, Isulan, and Koronadal.


CBS China Bank Savings, the retail lending arm of China Banking Corporation spans 238 locations nationwide, to include 168 branches including APD Lending Centers and 70 branch lites’. Its ATM network is the country’s second largest in the thrift bank category, with 210. 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.”



CBS ready for Brigada Eskwela 2024

 


CBS China Bank Savings, the second largest thrift bank in the Philippines, is backing the Department of Education’s Brigada Eskwela 2024. As part of this annual initiative aimed at kicking off the new school year with a bang, CBS will be present at multiple locations nationwide, providing school repairs and maintenance materials, school supplies for students, and school equipment.


CBS China Bank Savings Automatic Payroll Deduction Lending Group Head and First Vice President II Niel Jumawan adds, CBS stands ready for any new initiatives under the newly appointed Education Secretary, the Honorable Senator Sonny Angara. “We thank outgoing Education Secretary, the Honorable Vice President Sarah Duterte for her leadership and meaningful contributions throughout her stint at the helm of the Department of Education. We had the honor and privilege of supporting multiple initiatives under her watch, including the annual Brigada Eskwela and National Teacher’s Day events. We look forward to providing the same support for incoming Education Secretary, the Honorable Senator Sonny Angara,” said Jumawan. “We also laud the Honorable President Ferdinand ‘Bongbong’ Marcos, Jr. for ensuring a smooth transition by swiftly appointing a new education secretary,” he added. “CBS China Bank Savings stands ready to continue its service as an accredited partner of the Department of Education’s Automatic Payroll Deduction System or APDS program.”


Aside from the Brigada Eskwela activities, this year, CBS revived its Financial Wellness Roadshow for Teachers, designed as a refresher course with updated strategies for debt management, financial goal setting, and personal financial analysis. Some 500 participants are expected to benefit from the 2024 run in Mindanao from July 8 to 10, 2024. More sessions are currently being planned.


CBS China Bank Savings, the retail lending arm of China Banking Corporation spans 238 locations nationwide, to include 168 branches including APD lending centers and 70 ‘branch lites’. Its ATM network is the country’s second largest in the thrift bank category, with 210. 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.” (PR)


 

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