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Home»Press Release»Bangko Kabayan Honored as ‘Best MSMEs Development Bank in PH’ for the Second Consecutive Year at the International Finance Awards
Press Release

Bangko Kabayan Honored as ‘Best MSMEs Development Bank in PH’ for the Second Consecutive Year at the International Finance Awards

Lion's DenBy Lion's DenJuly 10, 2024No Comments2 Mins Read
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Highlighting its unwavering commitment to supporting micro, small, and medium enterprises (MSMEs), Bangko Kabayan has been named the ‘Best MSMEs Development Bank in the Philippines’ for the second year in a row at the prestigious International Finance Awards. This recognition underscores the bank’s essential role in fostering economic growth and entrepreneurship across the nation.

The International Finance Awards, known for recognizing industry talent, leadership skills, industry net worth, and capability on an international level, has once again lauded Bangko Kabayan for its innovative and impactful contributions to the MSME sector. This repeat recognition underscores the bank’s dedication to financial inclusion and sustainable development.

Bangko Kabayan’s strategic initiatives have been instrumental in empowering MSMEs, which are considered the backbone of the Philippine economy. The bank’s comprehensive suite of financial products and services, including accessible loan programs and tailored advisory services, have significantly enhanced the growth and resilience of small businesses.

The bank’s success is rooted in its deep understanding of the unique challenges faced by MSMEs. By offering customized financial solutions and fostering an environment of trust and support, Bangko Kabayan has managed to build strong relationships with its clients, enabling them to navigate financial challenges and seize growth opportunities.

The International Finance Awards’ recognition of Bangko Kabayan is not just a win for the bank but also a significant boost for the MSMEs it serves. As the bank continues to set higher standards in the banking industry, its role in driving economic progress in the Philippines remains vital.

Bangko Kabayan’s back-to-back recognition at the International Finance Awards is a celebration of its relentless pursuit of excellence and its pivotal role in shaping the landscape of MSME banking in the Philippines. 

Bangko Kabayan Inc. is a subsidiary of Union Bank of the Philippines Inc. regulated by the Bangko Sentral ng Pilipinas (BSP). You may contact the BSP Consumer Protection and Market Conduct Office at consumeraffairs@bsp.gov.ph. With contact number (02) 8708-7087, and webchat at www.bsp.gov.ph.”

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