The bank said that it intends to bolster financial inclusion initiatives.
Citibank just increased Home Credit Philippines’ credit facility from P420 million to P820 million, approved and drawn in May.
Home Credit Philippines handed over consumer financing services to almost half a million Filipinos worth P5 billion from April to July 2022.
Home Credit is anticipated to encourage greater financial inclusion for Filipinos in support of the mobile segment, and is projected to improve connectivity and enable the transformation of Filipinos to the digital lifestyle.
