By Danny Estacio

LUCENA CITY, Quezon – Businessman and former Ilocos Sur Governor Chavit Singson on Saturday, November 9, formally announced his senatorial bid for the 2025 national and local elections, highlighting his commitment to financial inclusion and transport modernization and the creation of Bangko ng Masa.

Speaking at a press conference in SM City Lucena, Singson outlined his plans to empower Filipinos and drive economic growth.

Singson’s flagship project, “Banko ng Masa,” aims to address the staggering statistic that 77% of Filipinos lack bank accounts and 95% do not have debit or credit cards.

His plan seeks to provide every Filipino aged 18 and above with access to a bank account and a credit card, including Visa cards tailored to specific localities.

Singson is also committed to making these e-jeepneys accessible to drivers through a unique financing scheme with zero down payments, zero collateral, and no interest.

This initiative aims to empower jeepney drivers while addressing air pollution and traffic congestion.

“My plan will not only help drivers earn more but also create a more sustainable and efficient transportation system for everyone,” he asserted.

Singson pledged to support the financing scheme, particularly for Lucban Drivers and Tricycle Operators and the drivers and operator’s president is the only person to whom he makes transactions.