RBank’s innovation provides instant cash to payroll clients

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Robinsons Bank once again proves that they are true to their vision of fulfilling the changing needs of their customers.

The Bank launched its new product, InstaBale, which allows eligible employees to make a cash advance on their upcoming salary credits.

Employees can skip filling up forms or long waiting time since they can easily apply for an InstaBale through the RBank Digital App. There’s no enrollment needed; and funds can be received in just a few minutes.

What’s more, InstaBale also offers unlimited and multiple availments within the cash advance limit.

Instabale offers a maximum cash advance limit of up to Php 200,000, depending on the approved limit per qualified employee.

The cash availed is automatically charged on the upcoming payroll, thus no need to worry anymore about missing the due date. Easy and convenient!

InstaBale is the perfect solution that will allow employees to have the financial flexibility they need as it provides a quick, safe, and reliable access to funds whenever they need.

InstaBale is only available to qualified employees with payroll account with Robinsons Bank Corporation. Download the RBank Digital app now!

Robinsons Bank is the financial services arm of the JG Summit Group of Companies, one of the largest conglomerates in the Philippines. It currently ranks 18th among universal and commercial banks in the country, with assets amounting to Php 151.215 Bn Bn as of December 2020. The Bank is recognized as the Fastest Growing Retail Bank in the Philippines for 2019-2010 by The Global Banking and Finance Review; Fastest Growing Commercial Bank in the Philippines for 2019 and 2020 by the Global Business Outlook; and the Best Commercial Bank in the Philippines for 2020 by the International Business Magazine.

For inquiries and concerns, you may reach Robinsons Bank through its Customer Care Center at (02) 8637-CARE (2273) or domestic toll-free 1-800-10-637-CARE (2273); or visit its website at www.robinsonsbank.com.ph. Like us on Facebook at www.facebook.com/robinsonsbank/ and join our Viber Community at www.bit.ly/RBankCommunity to get the latest updates.

Robinsons Bank invests in insurance brokerage company

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True to its vision of fulfilling the customers’ changing needs, Robinsons Bank has expanded its footprint on insurance offerings by strengthening its investment in a JG Summit Holdings Inc. (JGSHI) business, UNICON Insurance Brokerage Corporation (UIBC).  

RBank has acquired more than 85,000 unissued common shares of UNICON, equivalent to 40% of their total outstanding stocks. 

UIBC has been strongly supporting the JG ecosystem through its insurance solutions. However, with the goal to expand market base and serve the insuring public outside of the conglomerate, UNICON sees to benefit from RBank through its wide network of branches, agency banking services, and digital banking channels. 

“We saw the strategic fit of forming an alliance between the two companies. UNICON has realigned its strategies to provide its services and expertise not only to the JG Summit conglomerate but also to the insuring public as RBank will be able to give UNICON access to a broader market. This strategic partnership will allow us to offer Filipinos with better choices all while creating shared success with our stakeholders,” UNICON President and Chairman Lance Y. Gokongwei stated.

“Through this investment, we are able to expand our services and make insurance products, both life and non-life, more accessible to our clients. This is an opportunity for RBank to offer Filipinos with more ways by which they can secure their future,” RBank President and CEO Elfren Antonio S. Sarte expressed. 

RBank and UNICON aim to respond to the needs of their clients by providing insurance solutions that suit the demands of the market. 

With its ambition to become a full-service universal bank, RBank continues to widen its products and services to be responsive to the needs of the Filipino people. In November 2020, RBank also renewed its bancassurance partnership with Pru Life UK, which allows the Bank to make life insurance products easily available to its clients.  

 

About Robinsons Bank 

Robinsons Bank is the financial services arm of the JG Summit Group of Companies, one of the largest conglomerates in the Philippines. It currently ranks 18th among universal and commercial banks in the country, with assets amounting to Php 131.088 Bn as of December 2019. The Bank is recognized as the Fastest Growing Retail Bank in the Philippines for 2019-2010 by The Global Banking and Finance Review; Fastest Growing Commercial Bank in the Philippines for 2019 and 2020 by the Global Business Outlook; and the Best Commercial Bank in the Philippines for 2020 by the International Business Magazine.  

For inquiries and concerns, you may reach Robinsons Bank through its Customer Care Center at (02) 8637-CARE (2273) or domestic toll-free 1-800-10-637-CARE (2273); or visit its website at www.robinsonsbank.com.ph. Like us on Facebook at www.facebook.com/robinsonsbank/ and join our Viber Community at www.bit.ly/RBankCommunity to get the latest updates. 

About UNICON insurance brokerage company 

UNICON Insurance Brokers Corporation has been in the business since 1980 specializing in all lines of insurance. The company is 100% owned by JG Summit Holdings, Inc. headed by its Chairman and President, Mr. Lance Y. Gokongwei.

With its vision to be recognized for excellence in insurance broking and advisory skill providing superior service, it has been strongly supporting the diverse clients from conglomerates and affiliates of JG Summit Holdings, Inc. Being recognized as one of the top Insurance Brokers in the country, UNICON is now geared to service and provide its expertise to the insuring public outside the JG Summit conglomerates. For this reason, UNICON guarantees to develop professionals with exceptional proficiency to manage the insurance requirements of these different businesses and makes certain that the best and most suitable insurance solutions are binded for each and every type of business operation.  

 

 

RBank Remit: Send your remittances in just one click!

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To help the millions of Filipinos who are sending and receiving remittances in the Philippines, Robinsons Bank has introduced its new service, the RBANK REMIT.

RBANK REMIT promises an easy, fast, and reliable remittance service that can be accessed through the RBank Digital Online Banking via mobile app or web.  

As long as senders have an Robinsons Bank account enrolled in the RBank Digital online banking, they can send to RBank’s partner remittance centers all over the country! 

Recipients are also able to receive funds in real-time and can instantly go to the remittance center and present the necessary requirements (valid ID, reference number) to claim.  

Clients can now use RBank Remit to send their remittances to Cebuana Lhuillier with 2,500 branches nationwide.  

Don’t miss the opportunity to send your remittance with ease. If you don’t have a Robinsons Bank account, open now via online at https://rbankdig.onelink.me/Judl/RbankSignUp . Once you have an account, simply enroll it in RBank Digital Online Banking and start using RBANK REMIT! That easy!

Robinsons Bank is the financial services arm of the JG Summit Group of Companies, one of the largest conglomerates in the Philippines. It currently ranks 18th among universal and commercial banks in the country, with assets amounting to Php 131.088 Bn as of December 2019. The Bank is recognized as the Fastest Growing Commercial Bank in the Philippines for 2020 by the Global Business Outlook; and the Best Commercial Bank in the Philippines for 2020 by the International Business Magazine. RBank was also recognized as an Outstanding Employer at the PH Best Employer Brand Awards 2020. 

 

For inquiries and concerns, you may reach Robinsons Bank through its Customer Care Center at (02) 8637-CARE (2273) or domestic toll-free 1-800-10-637-CARE (2273); or visit its website at www.robinsonsbank.com.ph. 

Like us on Facebook at www.facebook.com/robinsonsbank/ and join our Viber Community

at www.bit.ly/RBankCommunity to get the latest updates. 

 

 

Robinsons Bank rolls out new digital solution with its cardless ATM withdrawal for SAP beneficiaries

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Robinsons Bank (RBANK) has rolled out a new digital solution that will provide ease and convenience for the thousands of Filipinos that are awaiting their financial aid from the government. 

In partnership with the Department of Social Welfare and Development (DSWD), RBANK successfully started the digital disbursement of the Social Amelioration Program (SAP) subsidy in Laurel, Batangas. 

With RBANK’s new digital solution, beneficiaries were able to receive their SAP payouts through a cardless withdrawal process using RBANK ATMs instead of going through manual disbursement and risk exposure to the Covid virus. 

“We, at Robinsons Bank, were eager to partner with DSWD for this initiative. We believe that our efforts have always had the bigger purpose of uplifting the lives of our fellow Filipinos -- in line with our advocacy of financial inclusion. With this process, we also provided them with a bank account. We know that with our digital banking solutions, we can, and we want to do our part in helping our kababayan during these hard times,” RBANK Retail Banking Segment Head Salvador "Buddy" Paps shared.

After the success of the initial distribution, RBANK is set to roll out the cardless withdrawal of the SAP payout for the second batch of beneficiaries in Laurel, Batangas, and to more places in the NCR and Albay in the coming weeks. 

According to Mr. Paps, RBANK went through a lot of preparation to ensure that the service will be easy even for those unfamiliar with transacting via the ATM. 

Shifting to digital disbursement

Committed to providing ease and convenience in all its services, RBANK has also trained DSWD representatives so they can readily assist the beneficiaries in completing their cardless withdrawal process. This ensured that the payout will move swiftly and avoid instances that can hold back the queue.

“Sobrang dali lang po ng pagkuha ng subsidy kumpara sa ibang transaction. Kinailangan lang mag-reply sa text at sundin ang instructions. Wala akong naging problema, sobrang bilis ng processing. Maraming salamat po sa Robinsons Bank kasi mas pinadali niyo ang pagkuha ng SAP subsidy,” one of the beneficiaries expressed (identity withheld for safety). 

Furthermore, another beneficiary was also very happy with the outcome of the distribution, “Sobrang dali lang po. Wala pang isang minuto nakapagwithdraw na ako. Walang hassle.” 

The shift to a digitalized disbursement through RBank's E-Ayuda aims to speed up the distribution process to the beneficiaries. With E-Ayuda, RBank was able to provide the beneficiaries with a bank account that could store the government's cash assistance, making the withdrawal process easier. They can also choose to upgrade their accounts to a Simple Savings account, to widen the banking features that they can enjoy.

Securing a safe payout

As hundreds of beneficiaries were expected to flock the Municipal Hall of Laurel, DSWD and the LGU assisted in managing the crowd for a smooth flow from registration to payout . The presence of the local police helped in maintaining security and order in the premises. The SAP beneficiaries waited comfortably in the municipal gym while they underwent initial screening to ensure a faster process with their withdrawal. 

Additionally, in keeping with health and safety protocols, beneficiaries were ushered to the pay-out location in batches.

Through digital innovation and RBANK's coordination with the LGU and DSWD, the SAP payout in Laurel, Batangas proved to be a success.

RBank, with the help of its wholly-owned subsidiary, Legazpi Savings Bank (LSB) has also begun the distribution of the SAP payout in different municipalities in Albay. According to LSB President Mykel D. Abad, being tapped as a partner of DSWD is a “great opportunity as LSB has always aspired to be of help to those in need.”

Recognized as the Fastest Growing Commercial Bank in the Philippines for 2020, Robinsons Bank is the financial services arm of the JG Summit Group of Companies, one of the largest conglomerates in the Philippines. It currently ranks 18th among universal and commercial banks in the country, with assets amounting to Php 131.088 Bn as of December 2019.

For inquiries and concerns, you may reach Robinsons Bank through its Customer Care Center at (02) 8637-CARE (2273) or domestic toll-free 1-800-10-637-CARE (2273); or visit its website at www.robinsonsbank.com.ph. Like us on Facebook at www.facebook.com/robinsonsbank. 

Stay updated and join RBank’s Viber Community at https://bit.ly/RBankCommunity to know the latest announcements.

Robinsons Bank launches RBank Biz and QR facility to help businesses move forward to the next normal

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With the new normal set in place, many Filipinos have begun exploring online market spaces as alternative means for their livelihood. From baked goods, handcrafted masks, electronics, and more, the e-commerce landscape has been thriving with unique business ventures.

Despite the struggles brought by the COVID-19 situation, they quickly found creative and innovative ways to help them during these challenging times.

As the e-commerce landscape surges  and the global trend for contactless transactions continues to grow, Robinsons Bank is introducing the RBank Biz Portal and capability – new safe and efficient ways to help buyers and sellers manage their business during this crisis.

Wider choices mean greater opportunities

Take your business to greater heights with RBank Biz. Here’s a business solution that’s guaranteed to provide you ease and convenience!

RBank Biz is an online platform where business owners, even online sellers in Facebook, can take advantage to help them in managing their cashflow.  Interested e-commerce sellers and micro business owners can easily apply to become an RBank Merchant through its digitized application process. The application process can take as short as three (3) days, depending on their type of business.  With RBank Biz, not only does it provide more payment options to customers, but also ease and safety in completing their transactions.

No matter how small or big the business is, RBank offers online and offline payment channels such as Point-of-Sale (POS) terminals for debit and credit cards, E-Commerce Payment Solutions, and QR Code payments for cashless, cardless, and contactless transactions.

This will allow business owners to reach a larger customer base since this platform will be able to accept payments from other local banks. What's more, it gives their business added visibility in RBank's website.

Soon, RBank Biz will enable a Merchant Dashboard where RBank merchants can easily track their receivables, providing a robust sales monitoring facility for their business. And the greatest part of this service to its clients, RBank Biz is all FREE!

Just visit www.bit.ly/RBankBiz and become an RBank Merchant today.

Enjoy the QuickR way to pay and receive payments via QR

With the gradual shift to contactless transactions, RBank QuickR is the perfect solution to get your hands off handling cash and remain safe from the covid virus.

RBank’s QR (QuickR way to pay) is a cashless payment solution that allows RBank accountholders to send and receive digital payments from other RBank accounts or RBank Biz merchants via QR code, and without investing in any hardware.

Furthermore, RBank’s QR promises a contactless payment, ensuring minimized contact between merchants and customers. Through RBank’s QR, payments received are credited to the RBank account in real-time ensuring efficient cash flow. Users need not worry about security since all information transferred via QR code is encrypted and secure. In a few months, expect RBank QuickR QR code to have the capability to receive payments from other banks! 

To cater to the market's changing needs especially as the world adjusts to the new normal, Robinsons Bank is committed to its promise to expand its products and services to serve you better and to be your partner towards a brighter future

Robinsons Bank is the financial services arm of the JG Summit Group of Companies, one of the largest conglomerates in the Philippines. It currently ranks 18th among universal and commercial banks in the country, with assets amounting to Php 131.088 Bn as of December 2019.

For inquiries and concerns, you may reach Robinsons Bank through its Customer Care Center at (02) 8637-CARE (2273) or domestic toll-free 1-800-10-637-CARE (2273); or visit its website at www.robinsonsbank.com.ph. Like us on Facebook at www.facebook.com/robinsonsbank. Stay updated and join RBank’s Viber Community at https://bit.ly/RBankCommunity to know the latest announcements.

Robinsons Bank wins PH ‘Fastest Growing Commercial Bank’ for the 2nd time

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Robinsons Bank is the financial services arm of the JG Summit Group of Companies, one of the largest conglomerates in the Philippines.

Robinsons Bank once again wins as the “Fastest Growing Commercial Bank— Robinsons Bank wins PH ‘Fastest Growing Commercial Bank’ for the 2nd time  2020” in 6th Global Business Outlook Awards, securing a back-to-back win of a highly-coveted recognition.

Geared towards creating a more significant presence in the banking industry, RBank has maintained a sound financial performance since the rollout of Roadmap 2020 in 2015 when President Elfren Antonio S. Sarte took over the bank's leadership.

RBank continues to make waves in the industry as the Bank's profitability continues to be on the uptrend.

In 2019, RBank's revenues grew by 28% from its 2018 performance, registering a total of Php 8.1 billion, driven by a 17% expansion in its gross loan portfolio. RBank's total net income in 2019 rose to Php 719.4M, marking a 127% increase.

The 6th Global Business Outlook Awards aims to recognize the excellence shown by various companies from all around the world in both the private and public sectors, highlighting the innovation, creativity, and exceptional performance that they have shown. 

SEE: Robinsons Bank wins Fastest Growing Commercial Bank – Philippines 2020

Expanding products and increasing visibility

Early last year, RBank launched the IPONsurance®, an interest-bearing deposit account that comes with free life insurance. Its coverage extends up to four times the average daily balance (ADB). It is designed to provide Filipinos with better choices and a more comfortable and more affordable path towards a financially secure future.

Additionally, RBank also launched a co-branded product with Robinsons Retail Holdings Inc. (RRHI), the Robinsons Cashback Card. The Robinsons Cashback Card lets clients enjoy a shopping experience that’s more rewarding as they earn up to 3% cashback when they shop in RRHI affiliated stores, and up to 1% cashback on non-affiliated merchants.

RBank Sign Up – an irresistible convenience

Get ready to have your bank account in just minutes!

Boasting an all-digital process of opening an account, RBank Sign Up requires only one (1) government-issued ID, uses facial recognition and real-time ID detection for a hassle-free experience. Clients can also get their account details in minutes after completing the account opening process.

All these done without ever having to visit a branch.

RBank Digital – online banking

Robinsons Bank is continuously enhancing “RBank Digital” -- its online banking platform -- to ensure a convenient home-banking experience for users. Aside from the regular transactions that online banking can do, such as fund transfers, balance inquiry, transaction history, bills payment, and more. 

With the new upgrades in its online banking feature, users can now view their credit card transactions in real-time, and soon be able to transfer funds through a QR code and even enjoy the QR – a “QuickR way” to pay in participating stores online.

Embracing an award-winning year

Robinsons Bank gained (8) awards for 2019 at both the international and local levels.

The Bank was recognized for its exemplary performance as a commercial bank, earning the titles “Best Commercial Bank in the Philippines 2019” from the International Banker and “Fastest Growing Commercial Bank—Philippines 2019” as awarded by the Global Business Outlook (GBO).

Additionally, in 2019, the Simple Savings Deposit Account was awarded as the Most Innovative Banking Product by the GBO and the Most Financially Inclusive Program by the Bank Marketing Association of the Philippines. The Robinsons Bank DOS Mastercard was also named as the Most Innovative Credit Card product by the GBO. RBank was also recognized by Visa to have the Highest Number of Contactless Transactions – Acquiring in 2019.

As January 2020 rolled in, the Robinsons Bank Treasury team received the “2019 Project of the Year” award for its Treasury IT Solutions Optics project. The award was given by Finastra, the third largest FinTech company in the world. Lastly, in February, Robinsons Bank’s Annual Report 2018 won a Silver Anvil in the 55th Anvil Awards.

With RBank, the future is bright

For two consecutive years, Robinsons Bank was awarded the “Fastest Growing Commercial Bank – Philippines 2020” at the 6th Global Business Outlook Awards confirming the aggressive rise of RBank amidst industry challenges. 

More so, it projects the trust and confidence of its depositors and investors in the bank and its commitment to service excellence.

Even with the challenges posed by the “new normal”, RBank remains committed to its customers with the continued enhancement of its products and services, embracing digitalization even more, in order to respond with agility and swiftness to the changing needs of the customers in the midst of the challenges. 

As RBank chairman, Lance Gokongwei puts it, “We will navigate through these uncertain times and find new ways to deepen our relationship with you by providing services that will help strengthen your financial position”.

Putting customers at the heart of every product, RBank continues to provide financial solutions that empower every Filipino to dream big for their future. At Robinsons Bank, we bring banking closer to you while bringing you closer to your dreams.

Robinsons Bank is the financial services arm of the JG Summit Group of Companies, one of the largest conglomerates in the Philippines. It currently ranks 18th among universal and commercial banks in the country, with assets amounting to Php 131.088 Bn as of December 2019.

For inquiries and concerns, you may reach Robinsons Bank through its Customer Care Center at (02) 8637-CARE (2273) or domestic toll-free 1-800-10-637-CARE (2273); or visit its website at www.robinsonsbank.com.ph. Like them on Facebook at www.facebook.com/robinsonsbank/ and follow them on Twitter @RBankCorp for the latest promo.