Wednesday, 5 October 2022

Best SME Bank in the Philippines - RCBC

5 min read

By The Asian Banker

The winning bank solidified its position with robust financial performance in small and medium-sized enterprise (SME) business. The bank's gross revenue from SME business achieved a double-digit compound annual growth rate (CAGR) since 2019. The bank’s market share for outstanding SME balances increased to more than 20%, up from 16% in the previous year. SME loan assets also saw a double-digit growth, primarily attributable to smart acquisition of new accounts via focused target leads and increased footprint in the regions, with incremental count and volume even exceeding the pre-pandemic levels.  

For expanding its footprint by bringing a full suite of solutions to SME customers. The Best SME Bank in the Philippines is Rizal Commercial Banking Corporation (RCBC).

For full list of The Asian Banker Philippines Awards, please visit
https://awards.asianbankerforums.com/philippines-awards/pastwinners



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