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September 24, 2023

Home Credit pushes gender equality for greater diversity, inclusion

Home Credit Philippines has joined the Philippine Business Coalition for Women Empowerment (PBCWE) and the Philippine LGBT Chamber of Commerce (PLCC) to further cement its commitment to achieving gender equality and inclusion in the workplace.

Home Credit International chief people officer Renata Mrazova said the company celebrates all facets of diversity.

“Our global commitment to promoting equality and inclusion among our employees is present in all markets where Home Credit is operating. We found beauty by being represented by a diverse roster of talents and recognizing each individual regardless of their nationality, origin, orientation, identity, etc. We want to make Home Credit a safe place — a home that embraces diversity and inclusion for our employees,” Mrazova said.

Aside from Mrazova, others present during the signing of the partnership agreement were Home Credit Philippines’ chief people officer Alpha Omega Aquino, Head of Public Relations Ken Lerona, PBCWE Executive Director Julia Abad, and PLCC Chairperson Raymond Astillas.

The partnership will help the company engage in policy reform work for gender equality and explore initiatives that will promote diversity, respect, fairness, empowerment, and equality in the workplace.

Both organizations are also set to put structure to the DEI efforts of Home Credit Philippines and create diverse and systematic initiatives for its employees.

“We take pride in this milestone as this signifies our commitment to creating programs that give our employees equal rights and opportunities in the workplace. We are confident that through this partnership, we will create a safer and healthier environment for all our employees in the company,” Aquino said.

As part of the process, Home Credit Philippines will undergo the Gender Equality Assessment, Results, and Strategies (GEARS), an assessment tool that will analyze and understand the current state of Workplace Gender Equality (WGE) within the company.

Home Credit Philippines’ top management and leaders will also attend a high-level executive course about Sexual Orientation, Gender Identity, and Expression (SOGIE).


Three rural banks merge to enhance financial stability

Three rural banks have successfully merged in a move aimed at bolstering their financial stability, as confirmed by the Bangko Sentral ng Pilipinas (BSP). The merger officially took effect on July 13, following the necessary regulatory approvals, as detailed in a circular letter signed by Bankero and BSP Deputy Governor Chuchi G. Fonacier on September 15.

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