SB Finance to expand loan offerings in 2021

SB Finance Company Inc. is set to expand its loan offerings this year, following a P3-billion infusion in its capital approved in February.

“We are set to launch multiple products this year and this also further cements Krungsri’s strategic partnership with Security Bank to foster financial inclusion in the Philippines,” said Krungsri Senior Adviser Dan Harsono.

Krungsri, or Thailand’s Bank of Ayudha, acquired a 50% stake in SB Finance in October 2020 to provide a customer-centric digital lending experience to Filipinos.

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