More than 4 million Filipino shave now opened their very own Cebuana Lhuillier Micro Savings account, a product of Cebuana Lhuillier Rural Bank, the banking arm of leading micro-financial services provider, Cebuana Lhuillier. This enables these previously unbanked individuals to enjoy access to a basic deposit account to securely save their money.
“We are thrilled that millions of Filipinos have adopted our financial wellness philosophy and realized the importance of having savings. I assure our new clients that we are with them in their journey towards financial inclusion, especially during this pandemic,” said Jean Henri Lhuillier, president and CEO of Cebuana Lhuillier.
The Cebuana Lhuillier Micro Savings, which is a product of Cebuana Lhuillier’s banking arm, the Cebuana Lhuillier Rural Bank, provides Filipinos with a more convenient and affordable means to save their hard-earned money. Opening a micro savings account requires only one valid ID and a minimal P50 initial deposit. Account holders can deposit and withdraw anywhere at their most convenient time, owing to Cebuana Lhuillier’s network of more than 2,500 branches nationwide.
“There will be more exciting features coming to Cebuana Lhuillier Micro Savings within the year. Our clients can only expect a better micro savings experience from here on,” said Dennis Valdes, Cebuana Lhuillier Rural Bank president.