CitySavings, a thrift bank subsidiary of UnionBank, has introduced the Bank-on-Wheels (BOW) mobile kiosk to promote financial inclusion in the Philippines, particularly in underserved areas of Visayas and Mindanao, and select Metro Manila locations, led by Aboitiz Group.
The Bank-on-Wheels mobile kiosk is not just a beacon of convenience but also an emblem of progress, offering essential banking services like cash withdrawal and balance inquiries. This initiative, born from a collaboration with UnionBank, significantly enhances customer accessibility, bridging the gap in regions where traditional banking facilities might be sparse or inaccessible.
In alignment with its commitment to environmental stewardship and sustainability, the BOW initiative stands out for its use of battery-powered automated teller machines (ATMs). This strategic choice reflects CitySavings’ dedication to reducing carbon emissions and promoting sustainable practices in its operations.
Lorenzo Ocampo, the Chief Executive Officer of CitySavings, shared his insights on this remarkable launch. “Through Bank-on-Wheels, we bring convenient banking closer to our customers in the more remote areas. Extending services to regions where branch accessibility might be a challenge ensures easier access for our customers for their daily banking needs. This initiative is a glimpse of what’s to come as we strive to enhance accessibility and improve our services for our fellow Filipinos,” he said.
Adding to the vision behind this initiative, Manuel Santiago, Jr., President of CitySavings, emphasized the project’s dual focus on environmental responsibility and expansion. “We take pride in the fact that this initiative prioritizes environmental responsibility without compromising growth and expansion. Our goal is to infuse sustainability into our efforts, paving the way for inclusive and sustainable prosperity across the country,” Santiago stated.
CitySavings’ Bank-on-Wheels is more than just a mobile banking facility; it’s a testament to the company’s unwavering dedication to serving the community, promoting financial inclusion, and leading the way toward a more sustainable and prosperous future for the Philippines.
