Credit Card Association of the Philippines (CCAP) through CCAP Chairman Rolly Ebreo (leftmost), Executive Director Alex Ilagan (center), and President Geraldine Liggayu (rightmost) signed a memorandum of agreement with Junior Confederation of Finance Associations – Philippines (JCFAP) represented by Savina Mae Cerbito, JCFAP Executive Director (2nd from the left) and Patrick Ian Bituin, JCFAP National President (4th from the left).
Manila, Philippines – The Credit Card Association of the Philippines (CCAP) and the Junior Confederation of Finance Associations – Philippines (JCFAP) sealed a historic partnership to promote financial literacy and responsible credit card usage while accelerating financial inclusion efforts in the country.
The collaboration is an important milestone for the financial and student sectors, as they come together to help develop the next generation of the country’s financial leaders.
Shared Vision for Financial Empowerment
Established in 2006, JCFAP is a nationwide umbrella organization of finance and ABM (Accountancy, Business and Management) students with 160 member schools and over 16,000 members across the country. For 18 years, JCFAP has been a vehicle for financial education through its national conventions, inter-school events, and seminars targeting the youth.
Representing the Philippines’ credit card industry, CCAP champions responsible credit card use, consumer protection, and financial literacy through its various social media platforms.
Through this collaboration, CCAP and JCFAP will expand their reach of providing financial literacy while developing initiatives to enhance the public understanding and access to financial services.
“This collaboration with CCAP is a significant advancement toward enhancing our students’ learning of real-life financial applications,” said Patrick Ian Bituin, National President of JCFAP. “We are eager to partner with industry leaders who are as passionate as we are about building financially literate and empowered communities.”
About CCAP
CCAP is a professional organization aimed at mediating between the credit card industry, merchant establishments, and most importantly, the consumers. CCAP’s objective is to promote wider ownership and acceptance of credit cards in the Philippines as a safe, reliable, and beneficial payment instrument. Ultimately, this will enhance purchasing power, thus contributing to the economic development of the country.
About JCFAP
The Junior Confederation of Finance Associations – Philippines (JCFAP) is a non-stock, non-profit, student-led organization, consisting of more than 160 schools throughout the country. Its mission is to develop finance and business leaders by providing educational and technical programs, national conferences, and networking and career opportunities.