Cebuana Lhuillier Bank - CL Bank Opens In Cebu
Cebuana Lhuillier's first bank in the Visayas region has finally opened in the heart of Cebu! Cebuana Lhuillier Bank or CL Bank in Cebu is located at PJL Corporate Center II located at #6 Acacia St. Brgy. Kamputhaw, Cebu City (beside Golden Prince Hotel and Suites). The Cebu brand is also opening its first branch in Mindanao which is situated in Davao. Thus, CL Bank is soon available nationwide.
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Dennis Valdez, Cebuana Lhuillier President with their official mascot |
Cebuana Lhuillier Bank (CLB), one of the country’s fastest growing rural banks, has set its sights for further expansion in the Visayas region, beginning with the opening of its first branch in Cebu City.
The move is in line with the bank’s mission of providing financial inclusion to every Filipino, especially to clients from the countryside. CLB, in particular, is reaching out to mom-and-pop businesses and to micro, small, and medium enterprises (MSMEs) whose operations definitely needed a boost following the challenges brought to the economy these past two years.
“MSMEs have always been the backbone of our economy, with 99% of total businesses in the Philippines considered falling under this sector. They are also a major source of employment, and also a major contributor in our total export revenues. However, in spite their huge contributions to the economy, MSMEs often lack financial resources that will help in their growth and development,” Cebuana Lhuillier Bank president Dennis Valdes said. “True to the mission of becoming a partner for progress, CLB’s first-ever branch here in Central Visayas is open to all, especially to the more than 65,000 MSMEs looking to further grow their business.”
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Amb. Lhuillier welcoming the expansion of Cebuana Lhuillier Bank in
Cebu |
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