In a bold move to address the financial needs of underserved Filipinos, senatorial candidate Luis “Chavit” Singson is set to launch VBank, a revolutionary digital banking platform, this Sunday in Quezon City.
The launch, taking place at the Bridgetowne Destination Estate along Eulogio Rodriguez Jr. Avenue during the Blackout Festival, marks a significant milestone in the push for financial inclusion in the Philippines. With the promise of bringing secure and accessible banking to every Filipino, VBank redefines convenience by allowing users to open accounts, transfer funds, pay bills, and buy mobile loads—all through an easy-to-use app.
VBank eliminates the traditional hurdles of banking, such as lengthy paperwork and long queues, by enabling users to complete the entire account-opening process digitally. Beyond the app’s features, VBank ensures accessibility even in remote areas through its partnership with over 6,000 cash-in outlets, including Tambunting Pawnshops, Puregold, and Alfamart.
“This is not just about banking; it’s about giving every Filipino the tools to participate in our economy,” said Singson. “VBank makes it possible for anyone, regardless of location, to access essential financial services.”
During his provincial tours, Singson demonstrated the app’s capabilities to captivated audiences, showcasing its potential to transform lives and businesses alike.
Exciting Launch Event and Promotions
The launch event kicks off at 3:30 PM, featuring a public introduction to the app by Manong Chavit himself, with celebrity guest Ai Ai delas Alas adding star power to the festivities. A press conference at the exclusive VBank Lounge will follow, offering an in-depth look at the app’s features and vision.
To further engage the public, Singson has announced the 58 Days Pa-Raffle ni Manong Chavit, a campaign celebrating the app’s launch. Starting Sunday, 58 winners will receive ₱5,800 daily, while another lucky user will win ₱58,000 daily, culminating in a grand prize of ₱580,000 on the 58th day.
Joining the raffle is easy: simply download the VBank app, create an account, and follow Singson’s official Facebook page for updates.
According to the Bangko Sentral ng Pilipinas, 77% of Filipinos remain unbanked, relying on informal financial systems that can be risky and inefficient. VBank aims to bridge this gap, offering a secure and user-friendly platform tailored to the needs of individuals and small businesses.
From managing finances to accessing loans and transferring funds, VBank is designed to empower users and boost economic resilience without requiring a physical bank branch.
“This is the future of financial empowerment in the Philippines,” Singson said. “We’re not just launching a product; we’re creating growth opportunities, especially in areas like Pangasinan, where access to financial services is limited.”
Listed as No. 58 on the Senate ballot, Singson is running under the campaign slogan “May Isang Salita,” embodying his commitment to integrity, dependability, and keeping promises. The launch of VBank aligns with his dedication to improving the lives of Filipinos by creating sustainable solutions to long-standing challenges.
With the VBank app, Singson is not just introducing a digital banking tool; he is paving the way for greater financial inclusion and economic participation for all Filipinos.
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