Friday, February 9, 2024

Home Credit PH surpasses 10 million customers, finances close to PHP300 billion worth of credit nationwide

Home Credit Philippines (HCPH) achieved a remarkable milestone as it reached 10 million customers in time for its celebration of a decade of unwavering service.

Since 2013, the leading consumer finance company has granted a total of P295.7 billion (as of Dec 2023) in credit throughout the country through its installments, cash loans and revolving credit products. 

Home Credit’s entry to the country 10 years ago provided a much-needed service for Filipinos who were underserved by traditional financing and were seen to turn to informal and unregulated lending outfits. Starting from mobile phones, and then eventually branching out to laptops and computers, furniture, home appliances, even bikes, sporting goods, home improvement and department store shopping. In recent years, Home Credit added a credit card, as well as virtual limit Qwarta to its portfolio.

Wednesday, February 7, 2024

Security Bank launches new sustainable, no-annual-fee ‘Wave Mastercard’ credit card

Security Bank unveiled its newest credit card product, the Security Bank Wave Mastercard, at an exclusive product launch at The Island at The Palace in Bonifacio Global City. Brand ambassadors Solenn Heussaff and Erwan Heussaff were there to highlight the unique features that make this more than just an average no-annual-fee credit card. 

Named with an intentional play on words, the Security Bank Wave Mastercard waves goodbye to annual fees, restrictive interest rates, and unsustainable materials. 

“At Security Bank, we’re always looking for innovative ways to deliver on our BetterBanking promise, providing the best banking and customer service experiences. That’s why we’re proud to introduce the Security Bank Wave Mastercard, a credit card designed to meet the needs and preferences of today's savvy, budget and environmentally conscious customers,” said Sanjiv Vohra, President and CEO of Security Bank. 

Tuesday, February 6, 2024

Embracing Loud Budgeting as a Love Language this Valentine’s Day

This 2024, a new trend called 'loud budgeting' is gaining popularity, encouraging people to openly discuss their finances without feeling embarrassed. Contrary to the 'quiet luxury' trend of the past year, loud budgeting helps Filipinos be more honest about their financial situation, leading to greater empowerment in managing their money. This Valentine's Day, let's celebrate the love language of financial wellness. 

Regardless if it's Php 299 or 2,999 or 29,999, communication is key to financial wellness.

Last month, Filipino social media exploded with discussions about the ₱299 engagement ring. People were split on whether it was about self-worth or long-term financial plans, and both sides had valid points. There's no right or wrong answer here; it all depends on what matters most to you or your partner. But what can we take away from this in terms of financial wellness as a love language? It's about being honest about one’s money habits.

Wednesday, January 31, 2024

Golden Visa Centrale Unveils Greek Golden Visa Program, Offering Filipinos Prime Investment Opportunities

GVC’s new program provides Filipinos residency, investment, and wealth diversification prospects in scenic Greece

The beautiful city of Patra along the Pelopponese peninsula | Source: visitgreece.gr

Golden Visa Centrale (GVC), a leading international property marketing consultancy specializing in residency by investment, has announced its latest offering tailored for Filipino investors looking for opportunities in Greece through its new Greek Golden Visa program. 

Thursday, January 25, 2024

Home Credit Philippines gives 14,000 employees a magical excursion at Enchanted Kingdom, other locations for 10th anniversary

Home Credit Philippines (HCPH), in celebration of its 10th anniversary, has recently hosted festive events for its 14,000-strong employees. For the first time in the leading consumer finance company's history, nationwide celebrations in various resorts and convention centers were organized for its employees, their families, and friends.  

To ensure maximum enjoyment, over 6,700 employees from Metro Manila and nearby provinces were treated to a magical day at the Enchanted Kingdom. The theme park was closed for two days exclusively for the event. Employees were given two regular day-pass tickets, pocket money, a free souvenir photo, and a transportation subsidy. In addition, each employee was also allowed to bring up to 5 guests. 

Wednesday, January 24, 2024

Palawan Pawnshop - Palawan Express Pera Padala and Philippine Veterans Bank Seal Partnership for Cash Withdrawal Services

Palawan Group of Companies, the country's leading money remittance & pawning services company, proudly announces its alliance with the Philippine Veterans Bank (PVB). A trusted institution dedicated to serving veterans, their families, and the Armed Forces of the Philippines community, PVB brings a legacy of financial excellence.

Through this partnership, both PVB depositors, Palawan Group of Companies sukis, and other BancNet ATM cardholders gain expanded access to cash withdrawal services using BancNet ATM cards initially at over 300 company-owned Palawan Pawnshop - Palawan Express Pera Padala branches, ensuring swift access to funds for a wide range of financial transactions. PVB depositors can conveniently utilize the extensive network, strategically located near residential areas, and have the flexibility to visit Palawan branches during holidays and weekends, enhancing accessibility for their convenience. This will enable ATM cardholders to do cash withdrawals from Palawan Pawnshop - Palawan Express Pera Padala branches with the use of Point-of-Sale (POS) terminals, commonly used for payroll and regular cash withdrawals, pension and 4Ps payouts. Both companies have plans to further increase the number of branches with POS terminals in the future.

Tuesday, January 23, 2024

Malayan Insurance affirms the value of protection on modern living, future-proofing

Malayan Insurance, the leading non-life insurance company in the Philippines, sheds light on the value and impact of non-life insurance in today’s modern living and in protecting one’s future. 

“Having your assets, properties, and other investments secured is a critical consideration in growing one’s financial standing and health. In the advent of different crises, health, natural catastrophes, and accidents, an extra layer of protection is always a must,” Malayan Insurance President and CEO, Paolo Abaya says.

“When one invests in himself and his assets, that includes protecting it too. That’s where non-life coverage comes in. We cover personal accidents, natural calamity effects, fire, flood, vehicular accidents, travel mishaps, and the like. All these sum up to protecting not just one’s life but also one’s investments,” he adds.