China Trust Banking Corporation (CTBC Bank-Philippines) Corp. and M. Lhuillier Financial Services, Inc. recently forged a memorandum of agreement (MOA) opening more and better payment and collection options for the clients of both institutions. M. Lhuillier has been enlisted to accept over-the-counter cash payments from borrowers of the Bank’s “Salary Stretch” Personal Loan product. With the financial leader’s network of 1,850 branches nationwide to add to the Bank’s other existing payment outlets, CTBC Bank’s borrowers now have a more convenient means of meeting loan repayments. Signing the MOA are CTBC Bank president and Chief Executive Officer (CEO) Steve Tsai (second from left) and M. Lhuillier Executive Vice-President Michael L. Lhuillier. With them are CTBC Bank’s Ingrid U. Militante, First Vice-President for Institutional Banking Group and Cecile B. Lumapas, M. Lhuillier Financial Services Division Head.
