Cebuana Lhuillier Bank , one of the country’s fastest growing rural banks, has set its sights for further expansion in the Visayas region starting with the opening of its first branch in Cebu City to reach out to more micro, small and medium enterprises in the countryside.
Valdez noted that MSMEs account for 99 percent of total businesses in the Philippines and provides 65 percent of total employment. Jean Henri Lhuillier, President & CEO of PJ Lhuillier Group of Companies, the parent company of Cebuana Lhuillier and Cebuana Lhuillier Bank, said,
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