ANGELES CITY — China Bank Savings (CBS), a subsidiary of China Banking Corporation, sponsored on October 19 a Central Luzon-wide financial wellness meet dubbed “CBS DepEd Venture 2.0: Alay sa Mga Guro” at the Grand Palazzo Royale here.
The activity is in response to calls by education officials and economic managers for initiatives to promote personal finance education, the CBS said in a statement.
Over 500 principals, teachers and non-teaching staff representing public elementary school teachers and high schools in the province of
Bulacan, Pampanga, Bataan, Tarlac, Zambales and Nueva Ecija attended the intensive course in money management.
Alberto Emilio Ramos and Niel Jumawan of China Bank Savings and DepEd’s Beatriz Torno and Victoria Catibog pose with Central
Luzon-based teachers during the “CBS DepEd Venture 2.0: Alay sa Mga Guro” at the Grand Palazzo Royale in Angeles City on October 19. –Photoby Ric Gonzales
With the Department of Education and Bangko Sentral ng Pilipinas underscoring the need to enhance financial knowledge among Filipinos,
CBS rolled out the nationwide CBS Financial Wellness Roadshow last September 6. The CBS Financial Wellness Roadshow is the ongoing
advocacy program on personal finance for public school teachers, with whistle stops in 13 cities, including the Visayas and Mindanao regions. The program took off from the successful DepEd Venture financial wellness event organized last year in Manila in partnership
with the Department of Education.
CBS DepEd Venture 2.0 in Angeles City served to highlight the bank’s nationwide advocacy program. This year’s meet was anchored on the
seminar Charting the Course of your Financial Life and featured financial adviser Rex Mendoza, president and CEO of Rampver Financials. Takeaways from the seminar were practical skill sets for making smart financial decisions, conserving family assets, and
preparing for worry-free retirement.
The program was formally opened by Dr. Beatriz G. Torno, Regional Director DepEd Region 3 and guest of honor and keynoted by
Undersecretary Victoria M. Catibog on behalf of Education, Secretary Leonor M. Briones.
Janviera Pino, a teacher at the Maimpis Integrated School at the City of San Fernando in Pampanga, welcomed the event.
“It’s relaxing because it was held after the examinations of our students. We were entertained well,” said Pino. She added that she may
avail of the financial loan offered to teachers by the CBS.
Niel Jumawan, head of the APD Lending Group of CBS, disclosed that they give as much as P1 million loan per teacher.
“But more than anything else, we want to provide them with knowledge on how to manage their finances,” Jumawan said.
“We want the teachers to primarily enjoy today’s event,” he added.