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Sterling Bank of Asia Supports San Juan’s BJMP Livelihood Program
Sterling Bank of Asia (SBA) has selected San Juan City’s Bureau of Jail Management and Penology (BJMP) as one of this year’s beneficiaries of their annual Corporate Social Responsibility (CSR) program, the KindHeart Gives Campaign. Persons Deprived of Liberty (PDL) of San Juan City’s BJMP showcased their craftsmanship in their Parol-Making Project, which also serves as an opportunity for them to support themselves and their families financially. The “parol”, which is one of the most iconic symbols of Filipino Christmas, is a staple decoration in most houses. “The parol is a great expression of the Filipinos’ faith and hope,” said Cecilio San Pedro, SBA’s President and CEO. “We’d like to…
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Surviving the Pandemic with Cebuana Lhuillier Micro Savings
The uncertainties that came with the global health pandemic led to the financial stress that altered the lifestyle of many Filipinos. For close to two years since the global COVID-19 pandemic started, many lost their jobs and had to make do with what little savings they had stashed away. A study titled “State of Banking and Financial Wellness” commissioned by US-based research firm Forrester, indicated that more than half of Filipinos identified building their savings as one of their top concerns regarding personal finance. The desire to have the money safely stashed when rainy days come is shared by every Filipino—regardless of stature in life or the money they earn.…