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Practical wealth management for public school teachers

City Savings Bank’s Project ₱er@parasyon is aimed at enhancing public school teachers’ knowledge on practical wealth management. Launched in May 2016, the program promotes the bank’s good governance advocacy by nurturing the financial well-being and protecting the interest of consumers through financial education and awareness.

₱er@parasyon is an amalgamation of the words “pera” (money) and “preparasyon” (preparation) and had its pilot run in May 2016 with the Department of Education (DepEd) District of Oton in Iloilo City.

“The training highlighted the proper and practical utilization of funds through the modernized saving formula. I’ve learned to value the importance of managing my finances to ensure financial security and stability,” shared Marjorie T. Tolosa, a teacher from Don Juan Avalon National High School in Northern Samar who has completed the program.

Over 12,000 teachers have, so far, benefited from 76 training sessions that have been conducted by the bank’s regional and branch business heads across various CitySavings locations nationwide.