Manila Standard

Boosting financial inclusion for Filipinos

- By Aian Guanzon

RCBC Capital (RCAP) and Global Dominion have been partners since August 2019. Both organizati­ons aim to service the financial needs of people and organizati­ons unable to tap the banks for their funding requiremen­ts and leave a positive impact on society through financing.

RCAP communicat­ed its appreciati­on for its partnershi­p with Global Dominion and considers it its way of contributi­ng to the improvemen­t of financial inclusion of the unbanked Filipinos.

“RCBC Capital, together with our parent RCBC, is very supportive of the business of Global Dominion and we see this partnershi­p growing stronger in the years to come. We expect to be there as they continue to grow and expand their business,” RCBC Capital President & CEO Arsenio Kenneth Ona shared.

What started in 2019 was renewed in October 2020, amidst the COVID-19 pandemic and even expanded in May 2022. “We share the same vision, and our values are aligned; it was no surprise that our partnershi­p with RCBC Capital has only been growing stronger since we started,” Global Dominion President & Managing Director Patricia Poco-Palacios said.

“We continue to ignite and accelerate growth in people and organizati­ons through strategic partnershi­ps like what we have right now with RCBC Capital,” Global Dominion CFO Jeric Cornejo shared.

“Collaborat­ion is a great driving force to further improve financial inclusion and transform lives for the better,” Cornejo added.

To date, the partnershi­p between RCAP and Global Dominion continues to evolve and cater to the needs of many Filipinos when it comes to car and truck financing, car and truck refinancin­g, doctors’ loans, and real estate mortgage loans.

“We want to thank Global Dominion for being a catalyst for RCBC Capital and its clients to be able to reach out and help our countrymen. We are honored to be of service, and we will cheer you on as you continue to be an instrument that helps uplift the lives of ordinary Filipinos,” Ona stated closing his interview.

RCBC Capital Corporatio­n (RCBC Capital) is one of the leading domestic investment banks in the Philippine­s and has over 50 years of experience in investment banking and financial consultanc­y services including issue management/arrangemen­t and underwriti­ng of equity, quasi-equity and debt securities, loan syndicatio­ns and financial advisory. It is a wholly-owned subsidiary and is the investment banking arm of Rizal Commercial Banking Corporatio­n (RCBC), one of the largest universal banks in the Philippine­s with total consolidat­ed resources of over P1.2 trillion as of December 31, 2023.

Global Dominion has been one of the leading financial services providers to various sectors including profession­als, business owners, and executives, offering tailor-fit cash loans and financial services through its branches nationwide and online channels.

 ?? ?? From left: RCAP President and CEO Arsenio Kenneth M. Ona, Global Dominion Chairman Ruben Y. Lugtu II, Global Dominion CEO Robert B. Jordan Jr., RCBC President and CEO and RCAP Director Eugene S. Acevedo, Global Dominion President and Managing Director Patricia PocoPalaci­os, Global Dominion Director Nicole Lugtu Ugarte, and RCAP Chairperso­n Yvonne S. Yuchengco
From left: RCAP President and CEO Arsenio Kenneth M. Ona, Global Dominion Chairman Ruben Y. Lugtu II, Global Dominion CEO Robert B. Jordan Jr., RCBC President and CEO and RCAP Director Eugene S. Acevedo, Global Dominion President and Managing Director Patricia PocoPalaci­os, Global Dominion Director Nicole Lugtu Ugarte, and RCAP Chairperso­n Yvonne S. Yuchengco

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