Thursday, February 15, 2018

Bank of Commerce


Company Name: Bank of Commerce

Company Owner: Jose T. Pardo

Company Address: Unit A, G/F, San Miguel Properties Center No. 7, Saint Francis Street, Mandaluyong City

Official Contact #: 02-635-5517 / 633-2430

Company Website: www.bankcom.com.ph/



Contact Person:

Contact #:

Product/Services: Banking Services

Corporate Social Responsibility

TEAM MALASAKIT 
Hulo Elementary School, Mandaluyong City

Bank of Commerce joined San Miguel Foundation, Inc. in a series of CSR events in celebration of San Miguel Corporation’s (SMC) 125th anniversary. The Bank partnered with another SMC subsidiary, SMC Global Power, to lead on-ground activities aimed to help pupils at risk of dropping out (PARDOs) from the Hulo Elementary School in Mandaluyong City. Volunteers gathered Grade 2 to 5 students to participate in fun yet educational activities like crafts making, mural painting, and skills-focused individual and group games, which were intended to inspire participants in pursuing their studies and reaching for their dreams through perseverance, teamwork, and malasakit. Students participated in educational games that were redesigned to help them review and practice reading and counting, as well as enhance their basic academic skills. As an added treat, the volunteers took the participants to KidZania, a new educational theme park for kids, where they engaged in various role-playing scenarios to give them a taste of what it feels like to be responsible citizens in their dream jobs.


INTERNATIONAL CARE MINISTRIES FOUNDATION, INC.’S TRANSFORM PROGRAM Bacolod, Dumaguete, Roxas City, and General Santos City

In line with its commitment to empowering low-income families, Bank of Commerce lent its support to the International Care Ministries Foundation, Inc.’s (ICMFI) TRANSFORM program, an intensive 16-week life-skills capacity-building course designed to meet the needs of families living in ultrapoverty. Ultrapoor Filipino households are those living on less than P24 per day, residing in inadequate, crowded shelters, and are often suffering from malnutrition and chronic hunger. The TRANSFORM program aimed to help strengthen these families by empowering them to make measureable progress in their struggle out of ultrapoverty. Keen on supporting these initiatives, employee volunteers prepared meal packs for the beneficiaries, as well as financial grants from the Bank and the employees themselves. The financial donation helped provide more nutritious meal packs for the families and alleviate malnutrition in Bank of Commerce communities. The Bank sponsored TRANSFORM communities in Bacolod, Dumaguete, General Santos City, and Roxas City in support of ICMFI, as they spearheaded programs aimed at establishing new networks of support and social cohesion for the ultrapoor, delivering values, health, and livelihood education for the communities, and providing adequate food and nutritional supplements, medical kits, and livelihood resources for the community members’ new skills.



WORLD VISION’S COMMUNITY-MANAGED SAVINGS AND CREDIT ASSOCIATION 
Molinete, Laurel, Batangas

Bank of Commerce set its sights on uplifting the financial literacy and savings capability of low-income families by throwing its support for World Vision’s CommunityManaged Savings and Credit Association (CoMSCA). 

CoMSCA was established to create a local pool of capital for its members, allowing them to have easy access to useful lump sums to meet predictable expenses, reduce shocks to vulnerable livelihoods, facilitate household cash-flow management, and make short-term investments in incomegenerating activities. The Bank supported a CoMSCA community at Brgy. Molinete, Laurel, Batangas, as well as sponsored a complementary program dubbed as CoMSCA Children, which was designed to help young members of the community realize the importance of managing their own savings. By partnering with World Vision for this year-long project, the Bank is committed to helping Molinete community members create more livelihood opportunities, improve their health and overall well-being, enhance their ability to send their children to school, boost their sense of ownership and accountability, develop better community leaders, and build a stronger, more disaster-resilient community.

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