BPI Direct BanKo Inc., A Savings Bank (BanKo), the microfinance arm of the Bank of the Philippine Islands, is rolling out 10 BanKo-on-the-Go (BOTG) roving vehicles that will bring banking services closer to communities where access to easy and affordable banking is limited.
This is part of BanKo’s mission to promote financial inclusion by providing access to easy, convenient and affordable products and services to self-employed micro-entrepreneurs, informal workers and salaried individuals.
BOTG recently kicked off its first run and visited public markets in Metro Manila and Rizal Province, specifically in Taytay, Malabon, Pasig, Antipolo, Commonwealth and Dagonoy.
To make banking transactions even more convenient to both vendors and marketgoers alike, BOTG will visit these six public markets every week, making it a “BanKo Day” for that community.
BOTG will soon be deployed in nine other locations across the country, visiting six different markets per location for a total of 60 areas by yearend. BOTG will also offer financial consultations and literacy sessions to address clients’ needs. (PR)