CBS China Bank Savings, a leading player in the Philippine thrift banking industry, turned over P11 million worth of prizes and giveaways for the annual celebration of National Teachers Day at Araneta Center in Quezon City on October 3, 2024.

DONATION. DepEd National Capital Region Director Dr. Jocelyn Andaya (fourth from left) and China Bank Savings First Vice President Niel C. Jumawan seal the P11-Million National Teachers Day 2024 partnership with a handshake. CBS donated P11-million worth of raffle prizes and giveaways for the 10,000 delegates at the National Teachers Day 2024 culminating activity slated on October 3 at Araneta Coliseum in Quezon City.  Also present are representatives of DepEd-NCR and China Bank Savings.

China Bank Savings Donates P11-M for DepEd National Teachers Day 2024

The P11-million donation by China Bank Savings includes 20 start-up savings deposits of P50,000 each under the CBS My First Million account, 30 Lenovo laptops, 20 Honda Click 125i motorcycles, and the grand prize of one 2024 Toyota Innova XE. Additionally, special tokens were given to each of the 10,000 teacher participants at the National Teachers Day event.

According to CBS First Vice President Niel C. Jumawan, the bank partnered with the Department of Education (DepEd) to support programs aimed at uplifting the quality of public education and promoting the welfare of teachers and learners across the country.

Jumawan added that since the launch of their partnership with DepEd in 2016, CBS has actively supported and participated in many key DepEd programs centered not only on learners but also on their teachers, one of which is the National Teachers Day celebration. “CBS has awarded over 30 million pesos worth of prizes and tokens to teachers attending DepEd’s National Teachers Day celebration over the past four years,” Jumawan said.

Additionally, CBS announced their commitment to working with the Department of Education to find ways to support advanced education for public school faculty through Project GURO. This initiative aims to raise the quality of instruction and make masteral degrees more accessible to many teachers.

“We salute all Filipino educators, especially the teachers in the countryside and in challenge areas such as the ‘last mile schools’,” Jumawan noted. “Your tireless service to ensure the welfare of the broader community has not gone unnoticed. Because of your patient labors in and outside your classrooms, our nation stands on the cusp of a great beginning.”

China Bank Savings is a subsidiary of China Banking Corporation with 275 locations and 213 ATMs nationwide*. It is committed to providing for the financing needs of the SME sector and retail customers, as well as improving the quality of life of the communities it serves, with the promise of “Easy Banking for You.”

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