BPI expands financial literacy initiative to Mindanao with Mapúa Malayan Colleges

Bank of the Philippine Islands (BPI), through BPI Foundation (BPIF), has teamed up with Mapúa Malayan Colleges Mindanao (MMCM) to enhance financial literacy efforts in Davao.

This marks the first school partnership in Mindanao for BPIF’s flagship program, FinEd Unboxed, complemented by its Breakthrough financial management app. The initiative aims to train educators and community leaders, equipping them with tools to promote financial wellness.

"Through this partnership with Mapúa Malayan Colleges Mindanao, we are bringing financial literacy closer to communities in Davao," said Carmina Marquez, BPIF executive director.

At the signing of the MOA on Feb. 6, 2025: (From left) Mapúa Malayan Colleges Mindanao’s (MMCM) Marycon Delos Reyes, CSCE director;  Dr. Jose Paolo Mack, Dean, College of Business, and EVP and COO Engr. Alejandro Ballado Jr. with BPI Foundation’s (BPIF) executive director Carmina Marquez; senior program manager Manolo Nava, and Program Manager Gladys Malapo./ Contributed photo

The Memorandum of Agreement (MOA), signed on Feb. 6, 2025, outlines BPIF’s commitment to supporting 10 adopted communities through a “Train the Trainers” initiative. This program will equip faculty members to conduct financial literacy sessions, benefiting 2,700 individuals directly and an additional 8,100 beneficiaries.

By 2026, the initiative is set to expand to 11 more communities, further extending its reach and adding 4,000 more beneficiaries.

"This collaboration enables our faculty and students to promote financial literacy in adopted schools, paving the way for a more financially resilient society," said Engr. Alejandro Ballado Jr., MMCM EVP and COO.

Through education and training, BPI Foundation and Mapúa aim to create lasting financial empowerment in Davao and beyond. — Ed: Corrie S. Narisma

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