Women at the Helm - Planters Development Bank

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SMENewslineAPEC Financial Institutions dealingwith SMEs meet in SingaporeRepresentatives from different financial institutions from eleven APEC-membereconomies recently gathered in Singapore for the 10th Annual Meeting of APECFinancial Institutions dealing with small and medium enterprises (SMEs). Representingthe Philippines is Planters Development Bank (Plantersbank) headed by its chairmanand CEO Ambassador Jesus P.Tambunting. The 2-day summitfocused largely on how financialinstitutions can further improveSME financing in the region dueto the growing number of SMEs,many of whom are not able togain access to financing. Hosteconomy, Singapore, reportedthat SMEs currently accountfor half of Singapore’s grossdomestic product and two-thirdsof their workforce. As in othercountries, a common problemfaced by SMEs is the difficulty ingetting credit because lendingto SMEs has always beendeemed risky. In an interview,Ambassador Tambunting said,“We have to be financiallystable, we have to be profitable.Supporting SMEs is considereddifficult, costly, and risky but ourexperience in the last 40 yearsproved that the SME business isa viable and sustainable sectorfor financing.”Last year, the Philippines playedhost to the annual meetingwith Plantersbank taking thelead being the lone Philippinerepresentative to the APECSME. Next year’s summit willbe held in Taiwan.SME Interactive Web Solutions, Inc. the country’s lead IT solutions providerfor small and medium enterprises (SMEs), has recently added to its line ofnetwork and services with their recent partnership with Weepay PaymentProcessing Corp. (WEEPAY) and Cashsense. Through WEEPAY, SMEInteractive Web Solutions, Inc. will offer Point-of-Sale (POS) terminals andan e-Commerce payment gateway facility to its merchant clients. Thisservice is expected to help increase their sales, eliminate risks due to theftand errors, and the option to transform their web page to a revenuegeneratingchannel.The partnership with Cashsense, on the other hand, will bring in theneeded support for online SME merchants to increase their on-line sales bygiving their consumers the option to make over-the-counter payments atany Cebuana Lhuillier or 7-Eleven outlet.IT solutions forSME Merchants“We intend to provide SMEs with the needed IT solutions to enable theirbusiness to operate more efficiently and thereby become more profitable”,says SME Interactive Web Solutions, Inc. managing director Ma. Angela T.Padilla. “The partnership with WEEPAY and Cashsense will further help ourmerchant SMEs grow their business through online and over-the-countertransactions”, adds Padilla.SME | 4
Plantersbank is model CSR BankPlantersbank was recognized as“Model Bank for CSR Stage 5” duringthe recent international seminarworkshopon InstitutionalizingResponsible Corporate Citizenship inDevelopment Financing Institutionsheld in Manila under the auspices ofthe World Federation of DevelopmentFinancing Institutions (WFDFI) andthe Washington-based Center forInternational Private Enterprise (CIPE).This is the highest SME-centeredCorporate Social Responsibility levelin recognition of the Bank’s work inpromoting and supporting the SMEsector and for its Triple Bottom Linemodel—integrating private businessobjectives with social developmentgoals and environmental responsibility.The model is upheld in the CorporateCitizenship Manual for DevelopmentFinance Institutions recently publishedby the Association of DevelopmentFinancing Institutions in Asia and thePacific (ADFIAP). The seminar-workshopwas attended by 20 institutions from14 countries in Asia and the Asia-Pacific region to promote, develop,and institutionalize best principles andto practice how DFIs should actualizetheir mandate of providing financialand technical assistance for sustainabledevelopment.Salary loan benefit forSME employees.Small and Medium Enterprises (SMEs) seeking to provideadditional benefits for their employees can now offer“Plantersbank Handy Salary”, a no-collateral, multi-purposeinstallment loan that employees of companies can avail viasalary deduction. With the Plantersbank Handy Salary Loan,SME owners can provide their employees with a salary loanbenefit at no extra cost to their company because Plantersbanktakes care of the funding. Administrative tasks are alsominimized because processing and releasing of loans will behandled by Plantersbank as well. Employees can enjoy thefollowing advantages: Instant cash loan worth P10,000 to P 500,000 Flexible installment plan choice of 12, 18, 24, 30 or36 months Fast approval of 3 to 5 days from submission of loanapplication Affordable amortization with Plantersbank’s friendlyinterest ratesNo collateral needed!To know more about Plantersbank Handy Salary, call (+63)884-7600, email info@plantersbank.com.ph or log on to www.plantersbank.com.phGenSanVSM RealtyCorporation is“Best Developer”in MindanaoLong-time Plantersbank client, GenSanVSM Realty Corporation, was conferred“Best Developer in Mindanao” by theHome Development Mutual Fund (Pag-Ibig Fund) during the Fund CoordinatorsClub Conference held recently at SydneyHotel, General Santos City. GenSanVSM Realty Corporation was recognizedfor its outstanding performance andcontribution in delivering at least 1,000quality homes and generating housingloan borrowers with a total performancerating of 99% for efficient collection,quality of loan mortgages and paymentof loan obligations. Owners Mr. andMrs. Victorio D. Sexcion have beenclients of Plantersbank since 1995.Their very first low-cost housing project,VS Homes, in General Santos City wasfunded by Plantersbank.In celebration of “SME Month” this July, Plantersbankwill hold the 2013 Manila leg of the SME SpeakerSeries on July 25, 2013 at the ballroom of TheMandarin Oriental in Makati City. The PlantersbankSME Speaker Series will feature Smart Gilas and multititledcoach Chot Reyes in a half-day talk on “Creatinga Winning Organization”.Reyes will talk aboutstrengthening business throughleadership and teamwork. Hewill also present insights onhow to create and build awinning team, integrate winningplans into the business, andinstil a winning mindset in theorganization. Aside from being abasketball coach, Reyes is also anentrepreneur. He is the directorand founder of Coachcom Inc. andtogether with his wife, owns thePhilippine franchise of the famoussalon, Essensuals Toni and Guy.Now on its sixth year, the SMESpeaker Series is just one ofPlantersbank’s programs tohelp strengthen the country’seconomic backbone, the SMEs,through capacity building.The series has since beenconducted in Baguio, Cebu,Bacolod, Cagayan De Oro,and Pampanga and featuredthe country’s top business andmotivational speakers.SME | 5
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Page 10 and 11: SME FocusManagementCHERRY SALAZARPr
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Page 17 and 18: The good news: you can get everythi
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Page 34: SMEBillboardProudly Philippine-made

Women at the Helm - Planters Development Bank

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