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Impact

This “Simple” Savings Account Is an Award-Winner

Robinsons Bank’s Simplé Savings® hailed as the Best Financial Inclusion Program
by Robinsons Bank And JG Summit Teams | Nov 28, 2019
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Robinsons Bank Simplé Savings® emerged as the Best Financial Inclusion Program at the 3rd Bank Marketing Awards, held on November 26, 2019, during the Bangko Sentral ng Pilipinas (BSP) Financial Education Stakeholders Expo 2019, at the SMX Convention Center.

The Best Financial Inclusion Program Award recognizes banks that provide turn key products and services to make banking easily accessible and affordable to the unbanked segment.

In line with RBank’s interest­ to provide customers ease of access to formal financial services, Simplé Savings® was created to cater to the large unbanked population in the Philippines. The product also supports the thrust of the BSP–to make banking more accessible to the Filipino people by encouraging banks to offer a basic deposit account.

From left: Mike Villa-Real, Bank Marketing Association of the Philippines President; Steve L. Crisologo, AVP, Products & Marketing Services Division, Robinsons Bank;  Janette Y. Abad Santos, VP & Head, Marketing Group, Robinsons Bank; Allen S. Esmiro, Senior Assistant Manager, Product Development Department, Robinsons Bank; Chuchi Fonacier, BSP Deputy Governor of the Financial Supervision Sector.

According to the BSP's 2017 Financial Inclusion Survey, many Filipinos have difficulty opening deposit accounts because of the high initial deposit requirement, lack of necessary documents, and lack of knowledge and awareness.

Robinsons Bank Simplé Savings® addresses these problems by providing an easy, fast, and simple banking experience to its customers. It offers no maintaining balance, requires only Php 100 for initial deposit, earns interest, and simplifies the Know-Your-Client (KYC) process with just one ID from the client.


Last September, Robinsons Bank Simplé Savings® was recognized as the Most Innovative Banking Product at the Global Business Outlook Awards 2019, together with the DOS Mastercard, which won the award for the Most Innovative Credit Card Product.

Putting the customers at the heart of business, Robinsons Bank strives to develop more products and services that will uplift the lives of the Filipinos and serve their best interests.

For inquiries and concerns, you may reach Robinsons Bank through its Customer Care Center at (02) 8637-CARE (2273) or domestic toll-free 1-800-10-637-CARE (2273); or visit its website at www.robinsonsbank.com.ph. Like them on Facebook at www.facebook.com/robinsonsbank/ and follow them on Twitter @RBankCorp for the latest promo.

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