- Advertisement -
Consumer finance provider Home Credit Philippines has signed a P7-billion two-year credit facility with Union Bank of the Philippines.
Zdenek Jankovsky, Home Credit Philippines treasurer, said the funding comes after a turnaround in its operations in 2021.
“This large funding from UnionBank ensures that we can continuously carry on the mission of consistently becoming the lender of choice of underserved sectors who need access to trustworthy and regulated sources of financing,” Jankovsky said.
- Advertisement -
The transaction makes the Aboitiz-led UnionBank the largest credit partner in the Philippines of the global consumer finance provider.
Author
- Advertisement -
