WITH its nationwide presence and experience in commercial rollout, Robinsons Bank was deemed compliant to partner with the Department of Social Welfare and Development (DSWD) for the electronic disbursement of the Social Amelioration Program (SAP) subsidy through ewallets and online banking. DSWD said the second tranche of SAP is expected to start next week and RBank is taking adequate steps to ensure cash availability throughout the disbursement period. Beneficiaries who will be claiming their cash subsidies through RBank can do so through any RBank ATMs or over-the-counter transaction in any RBank branch or from its subsidiary, Legazpi Savings branch. Designated tellers and ATMs are allocated for the disbursement to avoid disruption of regular banking services. Recognized as the Fastest Growing Commercial Bank in the Philippines for 2020, Robinsons Bank currently ranks 18th among universal and commercial banks in the country, with assets amounting to P131 billion as of December 2019.

Source: Manila Times July 10, 2020 16:39 UTC