Agreement expands M.L. menu of services for its customers
In an unprecedented
tie-up of industry leaders, two of the biggest names in financial services have
come together to provide the largest cash management network ever in the
history of the Philippines.
M. Lhuillier Financial
Services, Inc. (M. Lhuillier) and Banco de Oro (BDO) Unibank signed recently an
agreement which effectively further expands M. Lhuillier’s portfolio of
services, sealing its leadership in the non-bank financial services industry.
The agreement between the two
financial giants was signed in Cebu City. M. Lhuillier was represented by its
Executive Vice-President Michael Lhuillier and Cecilia B. Lumapas, Manager of
the Financial Services Division, while BDO had Senior Vice-President and
Transaction Banking Group Head Emmanuel Narciso and Senior Vice-President for
Cash Management Services Jaime Nasol.
The tie-up provides M.L.
customers with a better, more efficient cash management service allowing cash
withdrawals and other transactions through the ML Cash Card, powered by BDO.
At the same time, the linkage
brings more convenience to BDO clients as they may now pay bills and make
withdrawals at any of the over 1800 M. Lhuillier branches nationwide.
“We are truly grateful that
BDO trusts M. Lhuillier enough to support the ML Cash Card brand. We are very
proud of this tie-up and vow to continue our tradition of excellent service to
our clients,” said Lhuillier.
M. Lhuillier has pioneered
cash management services and is recognized as the leader in non-bank financial
services all over the Philippines.
More and more partnerships
are being explored to expand the range of products and services that the
company offers to its customers. The ML Cash Card, a cash management product,
will be rolled out within the year.
M. Lhuillier offers a full
menu of conveniences for the Filipino, launching brand after brand of
trailblazing services – Quick Cash Loans, Kwarta Padala, Pinoy Protect Plus,
among others – which have set the standards for non-bank financial
transactions.
The company has grown its
customer base exponentially as it added more and more branches to its roster.
Aside from customer reach and logistical base, the company has also welcomed
more and more partners over the years.
Lumapas said on the sidelines
of the contract signing ceremony, “We will add more convenience factors this
year to M. Lhuillier’s services pursuant to our commitment of making the lives
of the Filipinos more convenient and easier,” Lumapas said.
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