Aiming to assist Bicol-based rural banks in expanding their microfinance products and services, MABS conducted seminar-workshops on mobile phone banking services (MPBS) for Banco Santiago de Libon, Rural Bank of Guinobatan and Camalig Rural Bank on October 21, 22 and 23, respectively. Thirty-nine participants from Banco Santiago de Libon, 10 from RB Guinobatan and 20 from Camalig RB attended the workshops conducted by MABS and Globe X-Change Inc. (GXI), Globe Telecom’s wholly-owned subsidiary that facilitates MPBS using the GCASH platform.
During the past months, Bicol rural banks have been working with MABS in exploring more products and improving their services to facilitate bank growth and to serve their clients better. On September 11 of this year, the South Bicol Federation of Rural Banks initiated a roundtable conference for Bicol banks where MABS introduced the latest trends in the microfinance industry and presented tips on dealing with bank issues such as managing delinquency and expanding their market outreach.
This training consisted of lectures and hands-on exercises to equip bankers with knowledge, skills and means to offer mobile phone banking services such as Text-A-Deposit, Text-A-Withdrawal, Text-A-Bills Payment, and Text-A-Sweldo in their banks. Of these services, Text-A-Sweldo was highlighted as one of the most successful services since it creates a habit among employees, who automatically get their salaries in mobile money and experience the use of it first hand.
Aside from the bank’s staff and officers, ten merchant clients of the banks also attended the orientation and registered to GCASH, planning to accept GCASH transactions in their respective establishments. By encouraging more business establishments to accept GCASH transactions, the banks are be able to build a stable mobile money ecosystem that will allow clients, banks and merchants to sustain and maximize the use of mobile phone banking services.
Aiming to assist Bicol-based rural banks in expanding their microfinance products and services, MABS conducted seminar-workshops on mobile phone banking services (MPBS) for Banco Santiago de Libon, Rural Bank of Guinobatan and Camalig Bank on October 21, 22 and 23, respectively. Thirty-nine participants from Banco Santiago de Libon, 10 from RB Guinobatan and 20 from Camalig Bank attended the workshops conducted by MABS and Globe X-Change Inc. (GXI), Globe Telecom’s wholly-owned subsidiary that facilitates MPBS using the GCASH platform. [Read more...]
