Island communities across the Philippines are set to receive access to financial services and renewable energy as Rizal Commercial Banking Corporation’s (RCBC) DiskarTech and One Renewable Energy (OREEi) seal a partnership that is estimated to benefit over 20,000 Filipinos residing in these communities.
One of these communities is Mararison Island, off the municipality of Culasi in Antique which, through OREEi’s initiatives in partnership with the Asian Development Bank and the local government, now enjoys 24/7 access to electricity from their previous 4 hours a day. The partnership is expected to open economic and social development opportunities for Mararison and all other islands.
“This partnership is part of our mission to promote inclusive digital finance to our unbanked and underserved kababayans. Serving the OREEi communities and widening the reach of Diskartech will help us in achieving this objective,” said Lito Villanueva, RCBC’s executive vice president and chief innovation and inclusion officer.