Bangko Kabayan was recently awarded the title of Best MSMEs Development Bank at the 2023 International Finance Awards, in recognition of the bank’s dedication to supporting the growth and progress of micro, small, and medium-sized enterprises (MSMEs).
MSMEs have a significant impact on the economy, especially in emerging economies. However, they often face difficulties in obtaining financial and other resources that are required to expand and develop. Bangko Kabayan has made it a top priority to assist MSMEs, realizing their vital role in the economy. The bank has designed a range of products and services that cater to the unique requirements of MSMEs, including funding, technical support, and training.
“We are humbled and grateful to receive this award, recognizing our efforts in supporting MSMEs,” said Beatriz B. Romulo, CEO/President of Bangko Kabayan. “We believe that MSMEs are the backbone of many economies, and we are committed to providing them with the resources they need to flourish and grow.”
Bangko Kabayan’s distinction as the Best MSMEs Development Bank is a demonstration of the bank’s commitment to supporting the development of small businesses. The bank’s continued emphasis on MSMEs will help boost economic growth and development in the coming years.
The International Finance Awards recognizes industry talent, leadership abilities, industry net worth, and capacity on a global scale. Winners are chosen based on their submission and past accomplishments after being scrutinized by a competent research team.
