Robinsons Bank (RBank), the financial services arm of the Gokongwei Group, received recently two major global awards this year for its various product innovations.
RBank received the recognition “Most Innovative Digital Banking Services – PH 2021” from The Global Economics Awards, and The Global Business Review Magazine Awards.
The bank continues to develop new services and innovating digital products since the onset of the pandemic. It has released the RBank Sign Up, an online account opening mobile application that provides convenience to Filipinos to open a bank account without having to go physically to a branch.
The app also boasts of its digital payroll account opening feature. This allows companies to easily open bank accounts for their employees via the app!
Additionally, RBank Sign Up also offers its IPONsurance Deposit Product, a savings account that comes with a free life insurance. IPONsurance is the perfect savings account product to secure the future of a family especially in these difficult times.
RBank Sign Up’s uniqueness in the market has allowed it to be awarded as the “Most Innovative Digital Product – PH 2021” by the World Economic Magazine Awards. In 2020, RBank Sign Up also brought recognition to RBank with the award “Omni-Experience Innovator” from the IDC Digital Transformation (IDC DX) Awards.
The bank also sets more improvements to its RBank Digital online banking app by adding more features such as sending funds via QR and the RBank Remit, a service that allows RBank accountholders to send remittance to any Cebuana Lhuillier branch nationwide — in real-time!
RBank’s latest innovation was the development of a cash advance service called the “InstaBale” found in its online banking app. InstaBale allows eligible RBank Payroll accountholders to make a cash advance on their salaries, providing instant funds within minutes.
Through these innovations to fulfill the changing needs of its customers, RBank strives to make the banking experience of every Filipino easier and more accessible, especially from the burden brought by the pandemic.