Savings bank

Philippine Savings Bank reaffirms support for visually impaired children


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Around 2.2 billion people worldwide today suffer from visual impairment. The various causes range from genetics to age or injury. In at least half of these cases (1 billion), the problems could have been easily rectified or avoided. Visual impairment, especially in children, is a debilitating disease that affects their emotional, social and cognitive development, with lifelong consequences.

A report from Resources for the Blind Inc. (RBI) in 2018 showed that nearly 500,000 Filipinos are visually impaired. Of these, 40,000 were school-aged children, the majority from financially weak households. The Philippine government has devoted significant resources to solving this social problem and lately even businesses are paying attention.

Philippine Savings Bank (PSB) is one of the entities committed to supporting the welfare of the visually impaired in the country. The bank maintains close ties with many non-profit organizations that work for the well-being of these children. Over the years, the bank has made donations as part of its CSR activities to be used in social protection programs for visually impaired children.

Also this year, PSB reaffirmed its commitment to improving the lives of visually impaired people in the Philippines by donating PhP 3,000,000 to three child friendly organizations – World Vision, Chosen Children Village and Resources for the Blind Inc. These organizations, in Besides providing shelter, basic necessities, education and caring for the needs of children with special needs, also contributes to the improvement and empowerment of visually impaired children in Filipino society.

World Vision conducts programs for the welfare of disadvantaged Filipino families and leads various community initiatives and development activities. They help provide a stable source of income for parents to ensure that their children are well taken care of. Much of the financial assistance goes to building better lives for these families.

Chosen Children Village is another organization that has received a financial contribution from PSB. The group operates homes for abandoned and disabled children. They provide a stimulating environment for these children, training them as they reach adulthood and helping them to become independent members of the community despite their disabilities.

The donation to Resources for the Blind Inc. was made as part of PSB’s commitment to the empowerment of visually impaired people in the country. The generous contribution will be used to conduct counseling, education and training programs to help visually impaired children unleash their untapped potential and become an integral part of the societies in which they live.

PSB’s actions are an example of the difference businesses can make in the lives of underserved people. We must not forget that we elevate ourselves when we contribute to the upliftment of the poor and the needy.

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