RBank recognized for innovative digital services – Manila Bulletin

Robinsons Bank (RBank), the financial services arm of the Gokongwei Group, has once again captured the attention of the global landscape with its various product innovations which have stood out in 2021.

RBank has been recognized as “Most Innovative Digital Banking Services – PH 2021” by the Global Economics Awards and the Global Business Review Magazine Awards.

In a statement, RBank said it has been steadily developing new services and innovating digital products since the start of the pandemic. He released RBank Sign Up, an online mobile account opening app that allows Filipinos to open a bank account without going to a branch.

The app also prides itself on its ability to open a digital payroll account – making it easy for businesses to open their employees’ bank accounts through the app!

In addition, RBank Sign Up also offers its deposit product IPONsurance, a savings account accompanied by free life insurance. IPONsurance is the ideal savings account product to secure the future of your family, especially in these difficult times.

The uniqueness of RBank Sign Up in the market has enabled it to be recognized as “Most Innovative Digital Product – PH 2021” by the World Economic Magazine Awards. In 2020, RBank Sign Up also rewarded RBank with the “Omni-Experience Innovator” award from the IDC DX Awards.

In addition, the bank cited the continuous improvement of its RBank Digital online banking app by adding more features such as sending funds via QR and RBank Remit, a service that allows RBank account holders to send funds to any Cebuana Lhuillier branch nationwide, in fact. time!

RBank’s latest innovation in the development of a cash advance service called “InstaBale” found in its online banking app. The InstaBale allows eligible RBank Payroll account holders to cash advance on their salaries, providing instant funds within minutes.

He added that through these innovations to meet the changing needs of its customers, RBank is working to make the banking experience for every Filipino easier and more accessible, especially against the burden of the pandemic.

Currently, RBank ranks 18th among universal and commercial banks in the country, with assets amounting to 151.215 billion pesos 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 Financial Review; Fastest Growing Commercial Bank in the Philippines for 2019 and 2020 according to Global Business Outlook; and Best Commercial Bank in the Philippines for 2020 by International Business Magazine.



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