Smart, Landbank’s mobile loan service is best in Asia
Published April 15, 2015
The Mobile Loan Saver program of the Land Bank of the Philippines (LANDBANK) and Smart e-Money, Inc., the digital financial subsidiary of Smart Communications, Inc. (Smart) received global recognition anew for the Mobile Loan Saver during the 6th Retail Bankers International Asia Trailblazer Summit and Awards held at the Carlton Hotel in Singapore.
Winning the Process Excellence in Loans Origination award, the LANDBANK Mobile Loan Saver, powered by Smart e-Money, is a mobile-based savings-linked and insurance-backed loan facility that provides a fully digital loans system. Since it was launched in September 2014, it has released more than P1.4 billion in loans to over 10,000 borrowers nationwide with more than 300 government agencies participating in the program.
The award was presented by Timetric Regional Director Ruben Kempeneer (third from left) to LANDBANK executive vice president and Branch Banking Sector head Jocelyn dG. Cabreza, LANDBANK president and CEO Gilda Pico, and Smart e-Money vice president and head of Financial Innovation, Digital Inclusion and Alliances Lito Villanueva.
The Retail Banker International Asia Trailblazer Summit and Awards is the premier conference produced for and attended by senior executives from the retail banking and consumer finance organizations in Asia. The Retail Banker International is the only global publication focused on the analysis of the retail banking sector. It provides in-depth analysis and insights on financial product innovation, marketing strategies, multichannel distribution, and competitor analysis against more than 100 banking and macroeconomic metrics, among others.