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RCBC Partners With SSS to Expand Digital Finance for Members
Source: InsiderPH
RCBC (Rizal Commercial Banking Corporation) and the Social Security System (SSS) are stepping up efforts to deepen financial inclusion with the upcoming rollout of SSS Loan Lite, a digital lending product aimed at giving members safer and more affordable access to short-term credit.
The initiative will allow eligible SSS members to apply for loans through RCBC DiskarTech, receive funds instantly upon approval, and manage repayments within the app. The offering is positioned as an alternative to informal lenders that often charge high costs.
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