In January 2012 a new banking business was about to emerge in the Philippines. After being in the wholesale microfinance lending business for two years, BanKO (which is licensed as a savings and thrift bank) was ready to jump into retail microfinance by using the mobile phone as its main channel. With years of experience at Bank of the Philippine Islands (BPI), Chief Executive Officer (CEO) Teresita Tan knew all too well the high cost of branch operations...
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INFORMATION
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2013/08/01
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Fiche
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80649
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1
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1
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2013/08/26
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Disclosed
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Microfinance and mobile banking : blurring the lines?
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loan repayment
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