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Manila Bulletin devider Business devider Banking & Finance devider CitySavings launches Bank-on-Wheels

CitySavings launches Bank-on-Wheels

Published Jan 1, 2024 09:23 am

Aboitiz Group's thrift bank, City Savings Bank (CitySavings), has recently launched its Bank-on-Wheels (BOW) mobile kiosk which is designed to service the underserved regions in the Visayas and Mindanao and designated areas in Metro Manila.

In a statement, the bank said the BOW mobile kiosk is in collaboration with Union Bank of the Philippines, and offers services such as balance inquiry and cash withdrawal, making these more accessible to customers.

Meanwhile, since the BOW utilizes batteries to power its automatic teller machines, it is eco-friendly and minimizes carbon emissions.

“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,” said CitySavings president Manuel Santiago Jr.

For his part, CitySavings CEO Lorenzo Ocampo said BOW is about financial inclusion and sustainability. 

“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. 

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