Vbank digital bank launched

PTVPhilippines

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Transcript

00:00A new digital bank has been launched, a financial app offering secure and user-friendly banking

00:05services worldwide.

00:07This strengthens financial inclusion in the country, providing easy access to open accounts,

00:13send money, pay bills, and purchase mobile loads.

00:17Our Bien Manalo tells us more in this report.

00:23VBank Digital Bank is formally launched, the groundbreaking financial app designed to provide

00:28secure and user-friendly digital banking services to our citizens worldwide.

00:34This will make any financial services and financial inclusion efforts in the country

00:39more convenient.

00:41Users can open a bank account through the digital app, and completely spare themselves

00:45the paperwork and long queues.

00:47Through the app, one can send money to just about any commercial bank or digital wallet

00:51to pay bills, and even buy mobile phone loads.

00:55In addition, the app also provides access to modern financial tools no matter one's

01:00locations on the planet.

01:02Even more, it responds to the needs of each user and small business that bodes well for

01:07personal growth and economic development.

01:09According to the Banco Central ng Pilipinas, nearly 80 percent of Filipinos still do not

01:31have a bank account, most of whom totally depend on the unreliable informal financial

01:36system.

01:38That's why this innovative digital app was created to cater to citizens who belong to

01:43or are considered part of the underserved community.

01:47Bien Manalo, from the National TV Network, for a new and better Philippines.

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