Pressroom

With Iponaryo, Cebuana Lhuillier Bank encourages Pinoys to save

There is no doubt that the COVID-19 pandemic has upended the lives of many Filipinos. It has led to the loss of lives, livelihoods, and opportunities from millions of our kababayans in the last two years. In fact, according to the Financial Inclusion Survey report released by the Bangko Sentral ng Pilipinas (BSP) in 2021, the number of Filipinos with savings accounts dropped by 25% due to the financial strain brought about by the COVID-19 pandemic. The incidence of savings…

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Pressroom

Digital transformation giant Orion collaborates with Cebuana Bank, plans to tap 11m underserved Filipinos.

Orion Innovation (Orion), a front-running digital transformation and product development service company, has proudly unveiled a strategic alliance with Cebuana Lhuillier Bank, a prominent Philippines-based bank. This collaboration reflects the shared aspiration of both institutions for enhanced financial inclusion and contemporary banking services in the Philippines. The investment is set…

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Pressroom

Cebuana Lhuillier Bank bridging financial gap through revolutionary banking

According to the Bangko Sentral ng Pilipinas (BSP), there are more than 15M account holders in the Philippines by end of 2022. 42% of these accounts are under Cebuana Lhuillier Bank’s basic deposit account, the revolutionary Cebuana Lhuillier Micro Savings product introduced in 2019. Based also on the same study,…

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Pressroom

Cebuana Lhuillier Bank expands in Batangas

CALATAGAN, Batangas: The Cebuana Lhuillier Bank, the banking arm of the country’s largest pawnshop chain and leading microfinance service provider, has embarked on a significant expansion to better serve the community here. The strategic relocation to Kabayanan, a more accessible area in Calatagan, aligns with the bank’s aim to bring…

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Pressroom

Cebuana Lhuillier Bank’s Bank of the Year awards cement its status as one of big players in banking industry

Cebuana Lhuillier has solidified its status as one of the big players in the banking industry. While its roots lie in rural banking, the bank has transcended conventional boundaries through its unwavering commitment to excellence, giving rise to groundbreaking initiatives. At the heart of Cebuana Lhuillier Bank’s achievements lie strategic…

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Pressroom

Cebuana Lhuillier Bank chooses Orion to modernize banking services in Philippines

Orion Innovation (Orion), a digital transformation and product development service firm, has partnered with Philippines-based Cebuana Lhuillier Bank to support its journey towards financial inclusion and modernized banking services. Cebuana Lhuillier Bank has signed a deal with Orion to implement the advanced Temenos core banking platform to revolutionize its operations…

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Pressroom

Cebuana Lhuillier Bank joins forces with Temenos to revolutionize financial services for Filipinos

Cebuana Lhuillier Bank, one of the Philippines’ most dynamic rural banks, announced its strategic partnership with Temenos, the world’s leading open platform for composable banking, to update its core banking platform in a significant stride toward reshaping the rural banking landscape in the country. Central to this collaboration is Cebuana…

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Pressroom

Cebuana Lhuillier Bank Backs National Banking Week 2024

Cebuana Lhuillier Bank joins the Bangko Sentral ng Pilipinas (BSP) in commemorating National Banking Week from January 1 to 7, 2024, under the theme “Financial Stability: Foundation for Prosperity.” This year’s theme highlights the significance of financial stability at individual and national levels, with the BSP promoting financial literacy. Cebuana…

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Pressroom

Relocation of Cebuana Lhuillier Bank Bacoor Branch and Head Office

Dear Valued Clients, We are pleased to inform you that effective July 31, 2023, our Cebuana Lhuillier Bank Bacoor branch and Head office will be relocated to PJL Building Gen. Evangelista St., cor. Emilio Aguinaldo Highway, Barangay Zapote 1, Cavite City. We hope to see you soon! Muli, maraming salamat…

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Pressroom | Savings

Cebuana Lhuillier Bank lauded for its push for financial inclusion

Rural bank off to a winning year as it gains recognition from ABF Retail Banking Awards, Bangko Sentral ng Pilipinas Cebuana Lhuillier Bank, Inc. (CLB), a part of the PJ Lhuillier Group of Companies, was recognized as Rural/Cooperative Bank of the Year – Philippines in the recently concluded 2021 Asian…

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Iponaryo | Pressroom | Savings

Cebuana Lhuillier Powers Up Their Micro Savings Account for the Modern Day “Iponaryos”

As a champion for financial inclusion, Cebuana Lhuillier recently launched additional features to their existing Micro Savings Account, a product of Cebuana Lhuillier Rural Bank, to help more Filipinos become financially mobile, especially during the onset of the new normal. When the Micro Savings was introduced last year, in 2019,…

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Iponaryo | Pressroom | Savings

Cebuana Lhuillier Rural Bank eyes 8 million accounts next year

MANILA, Philippines — The banking arm of Cebuana Lhuillier expects a 60 percent jump in accounts by the end of next year as it boosts financial inclusion efforts amid the pandemic. Jean Henri Lhuillier, president and chief executive officer of Cebuana Lhuillier, told The STAR Cebuana Lhuillier Rural Bank (CLRB)…

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Iponaryo | Pressroom | Savings

Two million micro savings accounts bring Filipinos closer to financial inclusion

Based on the 2017 Financial Inclusion Survey of the Bangko Sentral ng Pilipinas (BSP), only 15.8 million Filipino adults or 22.6 percent of the total adult population have formal bank accounts, while 52.8 million or 77.4 percent remain unbanked. To help the BSP encourage the unbanked population to invest in…

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Iponaryo | Pressroom | Savings

Cebuana Lhuillier grows a nation of Iponaryos

More than 1.7 million Filipinos are now a step closer to financial freedom after opening Cebuana Lhuillier Micro Savings accounts. Considered as Iponaryos, the micro savings account owners are encouraged to follow the Iponaryo philosophy of saving at least PhP50,000 a year using their KaCebuana Ipon Diary. To date, Cebuana…

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