31 Dec SB Finance to expand loan offerings in 2021
Posted at 11:13h
in News
SB Finance Company Inc. is set to expand its loan offerings this year, following a P3-billion infusion in its capital approved in February.
In a statement on Tuesday, SB Finance said it will roll out various loan products this year, aside from the personal loan product it currently offers.
“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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