Residents Receive P10,000 as Chavit Singson Visits Antique
CHAVIT SINGSON – The senatorial candidate and former Ilocos Sur governor visited Antique and distributed P10,000 to residents as part of his “Bangko ng Masa” program, which aims to open bank accounts for Filipinos aged 18 and above.
Luis Crisologo “Chavit” Singson is a prominent businessman and retired politician from Vigan, Ilocos Sur. During his political career, which spanned several decades, Singson served multiple terms as governor of Ilocos Sur, held a seat in the Philippine House of Representatives, and served as mayor of Narvacan.
Singson gained nationwide attention in 2000 when he accused then-President Joseph Estrada of corruption, contributing to Estrada’s impeachment. He has since shifted political alliances across parties, supporting figures like Manny Villar and UNA, while remaining an active player in national politics.
In addition to his political work, Singson is a businessman. He founded the LCS Group of Companies, which operates in sectors such as telecommunications and automobile distribution. Known also for his interest in sports, particularly shooting, Singson was once associated with boxer Manny Pacquiao. Despite various controversies, he continues to influence both business and political spheres in the Philippines.
The senatorial candidate and former Ilocos Sur governor recently visited Antique, where he handed out P10,000 to residents as part of his “Bangko ng Masa” initiative, a program designed to provide bank accounts for Filipinos aged 18 and older. During a Liga ng mga Barangay meeting, Singson highlighted the program’s goal to address financial exclusion, noting that 77% of Filipinos lack bank accounts, and 95% don’t have credit cards.
Singson emphasized that having bank accounts would help Filipinos save securely and facilitate payments, especially benefiting overseas Filipino workers (OFWs) by reducing costly remittance fees. This initiative aligns with his campaign for the 2025 midterm elections, in which he aims to promote financial accessibility for underserved communities.