Security Bank Corp.’s investment arm SB Capital Investment Corp. received the Syndicated Loan of the Year and the Project Infrastructure Finance Deal of the Year award from the Asian Banking and Finance Organization.
SB Capital, during the first virtual Asian Banking and Finance awards night, was commended for its remarkable milestone projects which resulted in effective and highly impactful projects for Filipinos.
The investment house’s initiative with HC Consumer Finance Philippines Inc., which is part of the Home Credit Group, earned the Syndicated Loan of the Year award for the Philippines by providing affordable products to underserved borrowers.
“Through SB Capital’s partnership with the Home Credit Group, Filipinos who have limited access to credit can avail of a wide range of products in a safe, convenient, and affordable way,” said SB Capital president Virgilio Chua.
HCPH said the recognition manifests and reinforces the confidence of the local banking industry in the business model of the consumer finance company.