Robinsons Bank has donated half of what it generates from its e-money platforms for the benefit of academic scholars supported by the Gokongwei Brothers Foundation (GBF).
Under its “The Future is Bright” program, the lender donates to the GBF 50 centavos of every peso transacted under its e PesoNet, RBank Remit, QuickR and Bills Payment platforms that it also reported as having collected P320,000 from the endeavor.
That money, which can support two academic scholars, was promptly sent to the GBF in ceremonies marking the lender’s 25th Anniversary Celebration.
“It is very momentous for Robinsons Bank to have reached 25 years in the industry and we are very thankful for the trust and support that we have from our customers and stakeholders. That’s why we launched this program because we want to express our gratitude by giving back to the community,” RBank president and CEO Elfren Antonio Sarte said.
GBF and Rbank will be selecting two (2) outstanding alumni from the Marcial O. Rañola Memorial School who will receive full college scholarships under the GBF’s Juan Community program. They will be given educational support in the form of financial grants, learning and development trainings, and internship opportunities.
“We would like to thank Robinsons Bank for partnering with us in helping build a brighter future for the students under the GBF Juan Community. The scholarship fund raised will truly create an impact in the lives of our youth and celebrates the 25th anniversary milestone of Robinsons Bank in a lasting way,” GBF Executive Director Grace Colet said.
For three consecutive years, Robinsons Bank has given back to the communities it serves. In 2020, RBank donated tablets to children of TODA drivers to help them cope with the sudden shift to online learning, while in 2021, the bank gifted emergency room nurses with a bank account that comes with P2,000 balance. The bank also continues to promote financial literacy to young children by adopting various public schools.
Robinsons Bank is ranked 18th among universal and commercial banks in the country, with assets amounting to P176.93 billion as of December 2021. RBank has been recognized as the Fastest Growing Commercial Bank for four consecutive years by various award-giving bodies such as the World Economic Magazine, The Global Business Magazine Review, The International Business Magazine, and Global Business Outlook.
